“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.
Sage Network July 2023 Update
The latest product enhancements to the Sage Network will change the way you manage your accounting workflows! In this post, we'll dive into our newly introduced features, including enhancements to your templates and
Tools for Credit Risk Management
Since new methods of credit management can take more time than simply checking a credit report, there are tools that will help to make this job easier. There are a few different
Sage Inbox Enhances AR and AP Workflows
With a focus on matching accounting team workflows and expectations, we've made several enhancements to the way Sage Inbox manages AR and AP Workflows. Among these are the inclusion of credit memos and
Benefits of a shared accounting inbox in Sage 50 UKI
As a Sage 50 UKI user, you understand the importance of tracking your incoming and outgoing payments. A shared accounting inbox can be a great way to do this, allowing AR and AP
The Benefits of Sage’s Self-Service Portal for Accounting Teams
In the fast-paced world of accounting, efficiency is key. With the increasing demand for quicker and more accurate financial management, many accounting teams are adopting self-service portals. A self-service portal is an online
How to Use Sage’s Self Service for a Seamless Accounting Experience
Accounts receivable (AR) teams, today, are bombarded with emails all day, every day. On average, AR inboxes receive over 100 emails each day. And a good number of these are requests from customers
Protecting Your Cash Flow with Credit Management
The purpose of credit management is to develop a process for extending credit and collecting consistent with your company’s commercial and financial objectives. The goal is to achieve your cash flow targets. If
Sage Network June 2023 Update
The latest product enhancements to the Sage Network will revolutionize the way you manage your accounting tasks, and we can't wait for you to try out these latest product enhancements! In this post,
Your Guide to B2B Credit Risk Management in 2023
For B2B businesses, credit management is essential for accounts receivable (AR) management success. Proper, healthy credit management allows for steady cash flow, better collections management and a manageable days sales outstanding (DSO).
What is E-Invoicing? Understanding the Benefits of Electronic Invoices
What is e-invoicing? Introduction to Electronic Invoicing: Meaning & More E-Invoicing, also known as electronic invoicing or e-invoicing, is the process of exchanging business documents in an electronic format. Using this secure
What is Straight-through Processing and the impact on accounting teams in 2023
The term "straight-through processing" (STP) is thrown around a lot in the business world, but what does it actually mean? STP is an automated process that happens entirely electronically, with no need for
The Benefits of a Self-Service Portal for Accounting Teams
In the fast-paced world of accounting, efficiency is key. With the increasing demand for quicker and more accurate financial management, many accounting teams are adopting self-service portals. A self-service portal is an online
Turning On Spell Check with Your Browser
When it comes to sending professional emails, it's essential to have flawless spelling and grammar. Sending an email full of spelling errors can give a negative impression of you and your company. Fortunately, most
Sage Network Updates: Enhanced User Interface, Connections, and More
Lockstep is now Sage Network! As you explore Inbox and Portal, you will notice a name change throughout the app. We’re excited to share the latest Sage Network features with you! Among the
