Sales discounts is a great way to incentivize early payments. But, managing and accounting for them can mean added work for your finance team. Here are 4 ways you can better enable your team to manages sales discounts and drive efficiencies.
Author Archives: Tyler Zedic
8 Ways You Can Automate Your Collections Process
It’s no secret that your collections process can be incredibly mundane, leaving your finance team unmotivated to complete their work each day. We’ve assembled eight strategies we recommend when looking towards collections automation.
COD Part 2: Streamlining Order Processing in B2B with Electronic Cash on Delivery
What options are there for suppliers who wish to maximize the benefits of traditional COD, without sacrificing anything from their current collections process? Enter ‘Electronic Cash on Delivery’, or eCOD.
COD Part 1: What’s Wrong with Cash on Delivery?
COD is a valuable payment acceptance method for some suppliers but as this year’s call to work remotely, or to be socially distant if you do have to work on premises has taught us, providing payment at time of delivery isn’t always safe and it isn’t always possible.
The Accounts Receivable System Flowchart of the Future
Understanding internal systems processes is not easy. Most organizations today have complex structures in place, each with several processes for their varying business units which makes managing and tracking movement within a company incredibly demanding.
Set Your Business Apart with an Automated Collections Process
Buyers’ expectations around what makes a good customer experience has undergone significant transformation in recent years. In today’s world, we expect things to be easy to use, and to receive things how and when we want them.