“Our DSOs are down and we have beaten our collections targets for two quarters in a row. I attribute that to ramping up on Lockstep Collect and it’s automation.”
See how accounting departments are succeeding with Lockstep Collect.
3 Big Gaps that Make Customer Support Software a Square Peg for AR and AP
Controllers are recognizing that Outlook and Gmail aren’t designed to streamline AR or AP workflows. Email software simply doesn’t provide needed automation, controls, or visibility. When controllers look around their companies for other options,
The Best Tools for Accounts Receivable Automation with NetSuite
Accounts receivable automation with NetSuite will provide you with the tools you need to manage accounts receivable, credit, and collection quickly and efficiently. You will be able to spend more time managing accounts receivable
THE BEST INVOICE TEMPLATE TO USE IN AR WITH NETSUITE
It is always a good idea to use an invoice template with automated AR and credit software. An invoice template saves time and reduces invoice errors and omissions which can delay payment. Information from
How NetSuite Users Can Expand Cash Flow
Expanding cash flow is accomplished by accelerating the rate at which you collect accounts receivable and customer payments. NetSuite users have the tools and flexibility to expand cash flow with accounts receivable, credit and
How to Perfect the AR Process on NetSuite
Whether you are using a manual AR system or an automated AR system that is not integrated with NetSuite; when you convert to NetSuite you will probably need to adapt your AR process to attain
ACCOUNTS RECEIVABLE BEST PRACTICES FOR THE NETSUITE USER
The NetSuite ERP software platform offers the tools, flexibility and data accessibility to improve your management of accounts receivable. Utilizing accounts receivable best practices will help you to maximize the benefits of NetSuite’s platform.
Every AR Department On NetSuite Should Be Using Online Bill Pay: Here’s Why
Offering online bill pay to your customers is always a good idea, but with NetSuite, online bill payments are even better. NetSuite offers integrated, seamless solutions that process transactions from invoicing, AR, and cash
Our Top Five Tips for NetSuite AR Management
AR management with NetSuite can be easy, efficient, and focused if you use the right features to accomplish your objectives. Here are five tips for you to manage your AR on NetSuite. KPI'S, DASHBOARDS
Choosing the Right Collection Management Software for NetSuite
Does your company use NetSuite’s cloud-based ERP software platform for most of its information processing needs? Are you considering upgrading your manual accounts receivable, credit and collection system to an automated software package which can
How to Practice Credit Risk Management Using NetSuite
Are you still trying to manage a manual accounts receivable system even though your company has moved most of its information processing needs to the cloud-based ERP software solution provided by NetSuite? Are you still
Spreadsheet Horror Stories That Will Make You Re-Think Your Receivables Management Strategy
What tools are you using in your receivables management strategy? If your organization is using spreadsheet for receivables management, we can assume with some level of certainty two things about your collectors; (1) they’re
WHY EVERY CONSTRUCTION COMPANY SHOULD CONSIDER USING ACCOUNTS RECEIVABLE AUTOMATION
The construction industry has been slow to automate its building processes and back office procedures. Practical limitations on automating building processes have kept most projects on a manual basis. Back office procedures are still
HOW TO WRITE AN INVOICE FOR CONSTRUCTION WORK
In the construction industry, contracts may be written on a completed contract basis or percentage-of- completion basis. In the case of a completed contract, you issue only one invoice when the job is finished. Percentage-of-completion
Our Top Five Tips for Managing Accounts Receivable in the Construction Industry
Cash flow is difficult to manage in the construction industry because of the irregular flow of projects and the document intensive nature of the payment process. If you want to avoid a cash crunch and
