Resource Center

Collections

16 Mar 2024

Conquer Non-Paying B2B Customers: 5 Proven Strategies

In the world of subscription services, freemium models, and digital goods, non-paying customers are an unfortunate reality. While some may be accidental freeloaders, others might exploit loopholes or simply neglect their payments. Regardless of the reason, dealing with these delinquents can be a time-consuming and frustrating experience. However, with a well-defined strategy and the right […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

16 Mar 2024

7 Effective Debt Collection Strategies to Streamline Your Cash Flow

In the fast-paced world of business, maintaining a healthy cash flow is paramount. Uncollected debts can significantly disrupt your financial stability and hinder growth. Implementing a robust debt collection strategy is crucial to ensure timely payments and minimize bad debt. Here, we delve into seven effective strategies that can streamline your collection process and strengthen […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

11 Mar 2024

From Order to Cash: Optimizing Your Revenue Stream

The order-to-cash (O2C) process is the lifeblood of any business. It encompasses everything from the moment a customer places an order to the point where you collect payment. A streamlined O2C process translates to faster revenue generation, improved customer satisfaction, and enhanced operational efficiency. But in today’s fast-paced business environment, a clunky, manual O2C process […]

Subhasis Sahoo (Founding Member - Marketing)

Collaborations

11 Mar 2024

Collaborative AR Transforming Sales and Finance Collections

The traditional business landscape often pits sales and finance teams against each other. Sales focuses on closing deals and driving revenue, while finance aims to collect payments and maintain healthy cash flow. This siloed approach can lead to inefficiencies, strained customer relationships, and ultimately, hinder business growth. Collaborative Accounts Receivable (AR) powered by Augmented Reality […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

09 Mar 2024

5 Proven Strategies to Improve AR

Healthy cash flow is the lifeblood of any business. Yet, a significant portion of a company’s revenue often gets tied up in accounts receivable (AR) – money owed by customers but not yet collected. This can strain your finances and hinder growth. Here, we explore five effective strategies to improve your AR collection process and […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

09 Mar 2024

Top 5 Benefits of Automating Your Accounts Receivable Process

The accounts receivable (AR) process, at its core, is about getting paid for the goods or services your company provides.  However, traditional, manual AR workflows can be a time-consuming bottleneck, riddled with human error and hindering your cash flow.  Fortunately, automation offers a powerful solution, streamlining processes, boosting efficiency, and ultimately strengthening your financial health.  […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

08 Mar 2024

The Transformational Benefits of Accounts Receivable Automation

Optimizing cash flow is the paramount. A key factor influencing cash flow is the efficiency of your accounts receivable (AR) process.  Traditionally, manual AR tasks can be time-consuming, error-prone, and hinder your ability to collect payments promptly. This is where accounts receivable automation comes in – a powerful tool that streamlines workflows, boosts efficiency, and […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

08 Mar 2024

The Ultimate AR Collections Playbook

In today’s dynamic business landscape, a healthy cash flow is the lifeblood of any organization. Yet, managing accounts receivable (AR) and ensuring timely payments can be a constant challenge. This is where a well-defined AR collections playbook comes into play. It serves as a strategic roadmap for streamlining the collection process, maximizing efficiency, and fostering […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

07 Mar 2024

Conquer AR Management: Techniques, Metrics, and Best Practices

Accounts Receivable (AR) management is the lifeblood of any business that extends credit to its customers. It’s the art of ensuring timely payments, maximizing cash flow, and minimizing the risk of bad debt. But mastering AR management goes beyond simply sending invoices and chasing late payments. It requires a strategic approach that integrates efficient processes, […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

07 Mar 2024

Understanding and Streamlining the Accounts Receivable Process

The accounts receivable (AR) process is the cornerstone of any healthy business. It’s the systematic workflow that ensures you get paid for the goods or services you deliver. An efficient AR process translates into a steady cash flow, vital for growth, profitability, and overall financial well-being. This blog delves into the intricacies of AR, exploring […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

07 Mar 2024

AR Accounting: A Deep Dive into Accounts Receivable

In the intricate world of accounting, managing a company’s financial health hinges on understanding various accounts. One crucial aspect is Accounts Receivable (AR), representing the money owed by customers for goods or services delivered but not yet paid for. This blog delves into the depths of AR accounting, exploring its significance, key terms, and best […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

07 Mar 2024

Promise-to-Pay: Secure Your Cash Flow & Recover Debts

In the world of business, a smooth flow of cash is essential for survival. Yet, late payments and outstanding invoices can disrupt this flow, creating a strain on resources and hindering growth. This is where the concept of a “promise-to-pay” comes in, acting as a vital tool in accounts receivable management. Understanding Promise-to-Pay A promise-to-pay […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

29 Feb 2024

Guide to Treasury Operations

In the intricate world of business finance, treasury operations function as the backbone, ensuring an organization’s financial health and stability. This technical blog delves into what treasury operations are, why they hold paramount importance, provides insightful examples, and highlights the numerous benefits they offer. What are Treasury Operations? Treasury operations encompass the management of an […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

29 Feb 2024

Rolling Cash Forecast Guide and Benefits

In today’s dynamic business landscape, the ability to accurately anticipate and  manage cash flow is essential for survival and growth. A rolling cash forecast is a powerful financial tool that provides this crucial insight, enabling businesses to make informed decisions about spending, investment, and overall financial health. What is a Rolling Cash Forecast? Unlike traditional […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

29 Feb 2024

Master Your Receivables Balance

In the realm of accounting and finance, the receivables balance plays a pivotal role in understanding a company’s financial health and liquidity. This blog delves into the technical aspects of receivables balance, covering its definition, calculation, impact on cash flow, and strategies for effective management. What is Receivables Balance? In essence, receivables balance, also known […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

28 Feb 2024

Unlock Cash: Pledging Receivables for Working Capital

Accounts receivable, the outstanding invoices owed to your business, represent a significant asset on your balance sheet. However, these receivables aren’t immediately usable cash, especially if your customers have extended payment terms. Pledging receivables provides a way to unlock the value of these assets and secure additional working capital to fuel your business growth and […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

28 Feb 2024

Conquer Past Due AR: Strategies for Healthy Cash Flow

Accounts receivable (AR) is one of the most important line items on a company’s balance sheet. It represents the money owed to the company by its customers for goods or services that have been delivered but not yet paid for. Efficient management of AR is crucial for maintaining healthy cash flow and ensuring a business’s […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

25 Feb 2024

Past Due Invoice Email Templates: Get Paid Faster

Promptly receiving payment is crucial for any business, but it’s not always smooth sailing. Late payments can disrupt your cash flow, hindering your ability to meet your own financial obligations. While directly chasing after overdue invoices can be tempting, a professional and courteous approach is often more effective. Mastering the art of past due invoice […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

24 Feb 2024

Demystifying the Matching Concept in Accounting

The matching concept, also known as the matching principle, is a cornerstone of financial reporting in accounting. It dictates how expenses are recognized and reported in conjunction with the revenue they are associated with. This fundamental principle ensures that financial statements accurately portray a company’s financial performance by reflecting the cost of earning revenue in […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

24 Feb 2024

What is An Accounting Ledger

For any business, maintaining accurate and organized financial records is crucial. This is where the accounting ledger comes in – the cornerstone of a robust bookkeeping system. This technical blog delves into the world of ledgers, explaining their function, the different account types they encompass, and the advantages of using an electronic version. What is […]

Valerius Dcunha (Founding Member - Business)

Collections

24 Feb 2024

Conquer Delinquent Accounts

For any business, a steady flow of incoming payments is vital for healthy survival and growth. However, the reality is that some customers will inevitably fall behind on their payments, leading to the creation of delinquent accounts. These accounts pose a significant challenge, impacting cash flow, straining resources, and potentially leading to bad debt write-offs. […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

24 Feb 2024

Forecast Accounts Receivable in 3 Easy Steps Using DSO

Accurate forecasting of accounts receivable (AR) is crucial for any business. It helps predict future cash flow, identify potential liquidity issues, and make informed financial decisions. One key metric used in AR forecasting is Days Sales Outstanding (DSO). This blog dives into forecasting accounts receivable using DSO in 3 easy steps, providing a clear guide […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

24 Feb 2024

Financial Reporting Frameworks: A Deep Dive

For any business, understanding financial health is crucial. This understanding relies heavily on financial reporting frameworks, the intricate set of rules and guidelines that govern how financial information is presented. This comprehensive guide delves into the world of financial reporting frameworks, their importance, and their impact on the business world. What Exactly is a Financial […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

24 Feb 2024

Finance Predictive Analytics: Unlocking Future Insights

In a world driven by data, the ability to anticipate future events holds immense value. In the realm of finance, where informed decisions often separate success from failure, predictive analytics has emerged as a powerful tool for gaining a competitive edge. This blog delves into the world of predictive analytics in finance, exploring its use […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

24 Feb 2024

The Ultimate Guide to ERP Automation

In today’s fast-paced business environment, maximizing efficiency is paramount. Enter Enterprise Resource Planning (ERP) automation – a powerful tool that streamlines workflows, reduces human error, and boosts productivity across various departments. This comprehensive guide delves into the world of ERP automation, providing insights into its potential, implementation strategies, and best practices. Understanding ERP Automation At […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

23 Feb 2024

Master Year-End Closing: A Comprehensive Guide for Accountants

For accountants, year-end closing is the annual ritual of finalizing the financial books and preparing accurate reports for the past fiscal year. It’s a crucial process that ensures the integrity of financial data, facilitates informed decision-making, and paves the way for a smooth start to the next year. This blog delves into the intricacies of […]

Valerius Dcunha (Founding Member - Business)

Cash Application

23 Feb 2024

Month-End Reconciliation: What it is & Why is it Important

In the world of finance, accuracy is paramount. Every transaction, every penny, needs to be meticulously tracked and accounted for. This is where month-end reconciliation comes into play. It’s a crucial financial practice that ensures your financial statements are a true reflection of your business’s activity. What is Month-End Reconciliation? Month-end reconciliation, also known as […]

Valerius Dcunha (Founding Member - Business)

Collaborations

23 Feb 2024

Master Accounts Receivable Dispute Management

In the world of business, smooth financial transactions are crucial for maintaining healthy cash flow and fostering positive customer relationships. However, even the most meticulous processes can encounter hiccups, and accounts receivable (AR) is no exception. Disputes regarding invoices and payments can arise, potentially disrupting cash flow and straining customer relationships. This is where accounts […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

23 Feb 2024

Delinquent Invoices: Definition, Causes & Collection Strategies

In the world of business transactions, smooth cash flow is paramount. However, even the most organized businesses encounter the occasional delinquent invoice: an unpaid invoice that has surpassed its due date. While a single instance might not be cause for alarm, a consistent pattern of delinquent invoices can significantly impact a company’s financial health. This […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

23 Feb 2024

Deal Sheets: What it is & Why is it important?

In the dynamic world of business transactions, clear communication and alignment on key terms are crucial for a successful outcome. This is where deal sheets come into play. Often seen as a preliminary agreement, they serve as a vital bridge between initial negotiations and formal contracts. Let’s delve deeper into the world of deal sheets […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

23 Feb 2024

Days Inventory Outstanding Formula

In the intricate world of inventory management, understanding key metrics is crucial for optimizing operations and maximizing efficiency. One such crucial metric is Days Inventory Outstanding (DIO), also known as Days Sales of Inventory (DSI) or Days in Inventory (DII). This blog delves into the intricacies of DIO, explaining its significance, calculation methods, and interpretation […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

23 Feb 2024

Credit Scoring Models Explained: Types, Examples & Limitations

In today’s credit-driven world, understanding your credit score and how it’s calculated is crucial. This score significantly impacts your financial well-being, influencing your access to loans, mortgages, insurance rates, and even employment opportunities. But what exactly goes into determining this all-important number? The answer lies in credit scoring models. What are Credit Scoring Models? Credit […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

23 Feb 2024

5 Benefits of Credit Risk Automation

In today’s dynamic financial landscape, managing credit risk effectively is crucial for businesses of all sizes. Traditional methods, often manual and time-consuming, can struggle to keep pace with the ever-increasing volume of data and complex risk factors. Fortunately, automation is emerging as a powerful tool, transforming credit risk management by streamlining processes, improving accuracy, and […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

21 Feb 2024

Credit Memos: A Guide to Issuing & Using Them Effectively

In the fast-paced world of business transactions, errors and discrepancies can occasionally occur. To maintain positive customer relationships and ensure accurate accounting records, businesses utilize a crucial document known as a credit memo. But what exactly is a credit memo, and how can you leverage it effectively? This blog delves deep into the world of […]

Valerius Dcunha (Founding Member - Business)

Credit & Buyer Intelligence

21 Feb 2024

Understanding Credit Holds and Their Impact

In the world of credit, a credit hold acts like a temporary stop sign. It restricts your ability to make new purchases or access additional credit, potentially impacting your business operations or personal finances. But what exactly triggers a credit hold, and how long does it last? Let’s delve into the technicalities and implications of […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

21 Feb 2024

Credit Exposure: What it is & Why is it Important

In the intricate world of finance, every transaction carries an inherent risk – the risk of non-repayment. This risk, known as credit risk, is a constant companion for lenders, investors, and any entity extending credit. But how do we quantify this risk? How do we assess the potential losses if a borrower defaults? Enter the […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

21 Feb 2024

Controllership Department: Guardians of Financial Health

For many outside the finance world, the “controllership department” sounds like a mysterious realm shrouded in spreadsheets and esoteric accounting jargon. But peel back the curtain, and you’ll discover a critical function essential to any organization’s success. So, what exactly is the controllership department, and what vital role does it play? What is the Controllership […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

20 Feb 2024

Collection Policy: What it is, Best Practices & More

In the intricate world of business, smooth cash flow is the lifeblood. While generating revenue is vital, ensuring timely payments can sometimes feel like an uphill battle. This is where a collection policy steps in, acting as a strategic roadmap for recovering outstanding debts. What is a Collection Policy? Simply put, a collection policy is […]

Valerius Dcunha (Founding Member - Business)

Collections

20 Feb 2024

Craft Winning Collection Call Scripts: Ethics & Effectiveness

Recovering outstanding accounts is a critical aspect of any business, and effective communication is key. This blog delves into the art of crafting powerful AR collection call scripts, equipping you with the tools to navigate these delicate conversations with professionalism and efficiency. Preparation is Key Before dialing, gather your arsenal: Setting the Tone Script Structure […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

20 Feb 2024

Close the Books Like a Pro: Guide to Accuracy & Financial Insights

For any business, financial health is paramount. Just like tracking steps for personal fitness, closing the books serves as a crucial checkpoint for your company’s financial well-being. But what exactly does it mean, and why is it so important? Buckle up as we delve into the world of financial accountability and explore the intricate process […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

20 Feb 2024

Master Remittance Advice (RA) for Efficient Management

In the bustling world of finance, seamless payment processing plays a crucial role. Remittance advice, often abbreviated as RA, acts as a crucial cog in this machinery, ensuring smooth communication and record-keeping between payers and payees. This blog delves deep into the technical nitty-gritty of remittance advice, exploring its definition, functionalities, and effective management strategies. […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

20 Feb 2024

Lockbox Payments: What it is, Benefits & More

In today’s fast-paced business world, efficient cash flow management is crucial. Lockbox payments offer a valuable solution, streamlining accounts receivable and accelerating access to customer funds. But are you aware of the potential cost lurking within your lockbox process? This blog dives deep into the world of lockbox payments, unveiling the hidden expense of key-in […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

18 Feb 2024

A Comprehensive Guide to CFO Organization Structure

The corporate finance team acts as the financial backbone of any organization, ensuring its financial health and propelling strategic growth. But with a multitude of roles and responsibilities, understanding its structure can be as complex as deciphering a financial statement itself. Fear not, for this blog delves into the intricacies of corporate finance team structures, […]

Valerius Dcunha (Founding Member - Business)

Collections

18 Feb 2024

Master Collection Effectiveness Index (CEI)

For any business, ensuring smooth cash flow is vital. The Collection Effectiveness Index (CEI) serves as a powerful tool to assess and analyze your performance in collecting payments from customers. This blog dives into the intricacies of CEI, equipping you with the knowledge to calculate, interpret, and ultimately leverage it for success. What is Collection […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

18 Feb 2024

A Comprehensive Guide to Variance Analysis

In business, every decision involves anticipating outcomes and measuring performance. Yet, discrepancies between plans and reality are inevitable. Variance analysis emerges as a vital tool to bridge this gap, offering valuable insights into performance deviations and driving informed decision-making. Let’s embark on a journey to demystify this technique, exploring its applications, execution methods, and best […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

18 Feb 2024

Cash Posting: What it is & More

In the financial world, accuracy reigns supreme. Every dollar received needs to be meticulously tracked and accounted for. This is where cash posting steps in, acting as the backbone of efficient accounts receivable management. But what exactly is cash posting? And how does it translate into smooth financial operations? What is Cash Posting? Cash posting […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

18 Feb 2024

Master Cash Positioning in 4 Steps

In the realm of finance, “cash is king.” Not only does it fuel operations and investments, but it also reflects an organization’s ability to weather unexpected storms. This is where cash positioning comes into play, acting as a financial GPS guiding your way. But what exactly is it, and why should it matter to you? […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

17 Feb 2024

Cash Management: What it is & Why is it important

In the dynamic world of finance, cash reigns supreme. It’s the fuel that keeps businesses operational, individuals solvent, and investments fruitful. But just like any potent resource, its effective management holds the key to success. Enter cash management, a multifaceted discipline encompassing the collection, monitoring, and optimization of cash inflows and outflows. What is Cash […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

17 Feb 2024

Bridging the Gap: Cash Management Bills Explained

In the realm of public finance, cash management bills (CMBs) play a crucial role in efficiently managing short-term cash fluctuations within a government’s fiscal operations. This meticulously tailored response delves into the intricacies of CMBs, exploring their essence, significance, advantages, and real-world applications. Understanding Cash Management Bills Cash management bills are short-term debt instruments issued […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

17 Feb 2024

Unlock Business Growth: Master Cash Flow Optimization

In the intricate dance of business, cash flow acts as the lifeblood, keeping every cog turning and opportunity within reach. Optimizing this flow, however, requires a keen eye and strategic steps. This blog delves into the world of cash flow optimization, unpacking its essence, purpose, importance, real-world examples, and the challenges it presents. What is […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

17 Feb 2024

Predict Your Business's Future With Cash Flow Modeling

In the world of business, understanding the ebb and flow of cash is crucial for survival. Just like a healthy heart requires consistent blood circulation, a healthy business needs steady cash flow. This is where cash flow modeling comes in, acting as the financial EKG, revealing the pulse of your business’s financial health. What is […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

17 Feb 2024

Master Your Cash Flow: 4 Excel Templates for Treasury Pros

For treasury professionals, navigating the ebb and flow of cash with precision is vital to ensuring a company’s financial health. This is where cash flow forecasting templates emerge as invaluable tools, offering the ability to anticipate liquidity needs, optimize resource allocation, and make informed financial decisions. Delving into the Template Landscape While innumerable cash flow […]

Subhasis Sahoo (Founding Member - Marketing)

Integrations & Connected Systems

16 Feb 2024

Master Cash Flow: Guide to Cash & Liquidity Management

In business operations, cash serves as the lifeblood, and liquidity is its smooth, uninterrupted flow. Managing these elements effectively is not just a financial concern, but a strategic imperative. This blog delves into the world of cash and liquidity management, exploring its types, implementation strategies, and the ultimate impact on your business’s financial health. What […]

Valerius Dcunha (Founding Member - Business)

Credit & Buyer Intelligence

16 Feb 2024

Mastering Credit Risk Management: Guide & Best Practices

In the realm of finance, navigating between extending credit and minimizing risk is paramount. This credit risk management, a crucial discipline safeguarding lenders from potential losses due to borrower defaults. What is Credit Risk Management? Credit risk embodies the possibility that a borrower will fail to fulfill their debt obligations, leading to financial loss for […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

16 Feb 2024

Master Trade References: Boost Trust & Credit in B2B Transactions

Trade references play a crucial role in the smooth functioning of business-to-business transactions. For buyers, they offer valuable insights into a supplier’s reliability and financial stability. For suppliers, they represent an opportunity to showcase their positive payment history and build trust with potential buyers. This guide delves into the technical aspects of trade references, providing […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

16 Feb 2024

10 Best Cash Flow Metrics to Track for Business Health

Cash is the lifeblood of any business. Understanding how efficiently you generate and utilize cash is crucial for making informed financial decisions, ensuring operational stability, and supporting growth. Operating cash flow metrics provide valuable insights into this critical aspect of your business. This blog dives into 10 key metrics you should be tracking and explains […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

16 Feb 2024

Power Up with Bank API Integration: Benefits, Examples, & More

In the rapidly evolving digital landscape, banks are embracing cutting-edge technologies to bridge the gap between their core systems and third-party applications. Application Programming Interfaces (APIs) have emerged as a powerful medium, streamlining data exchange and empowering innovation in the financial sector. This blog delves into the realm of banking in API, exploring its essence, […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

15 Feb 2024

Master the Maze: Balance Sheet Reconciliation Simplified

The balance sheet, a cornerstone of financial reporting, paints a picture of a company’s financial health at a specific point in time. But like any masterpiece, it requires careful attention to detail to ensure its accuracy. This is where balance sheet reconciliation steps in, acting as the meticulous art restorer, meticulously checking for discrepancies and […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

15 Feb 2024

Master Average Days Delinquent: Boost Collections & Cash Flow

In the realm of financial management, keeping a close eye on your accounts receivable is crucial. One key metric that sheds light on the efficiency of your collections process and customer payment behavior is the Average Days Delinquent (ADD). This blog delves into the nitty-gritty of ADD, exploring its definition, calculation methods, significance, and interpretation […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

15 Feb 2024

Master the Magic of Automated Billing Systems

In today’s fast-paced business world, efficiency is paramount. One area where efficiency reigns supreme is billing. Enter the automated billing system, a technological marvel that streamlines the entire billing process, saving you time, money, and headaches. But what exactly is it, and how does it work?  What is an Automated Billing System? Simply put, an […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

15 Feb 2024

Cash Management: A Deep Dive For Financial Success

Cash is the lifeblood of any organization, be it a bustling corporation or a meticulous individual. Managing this vital resource effectively, known as cash management, is the cornerstone of financial stability and growth. But what exactly is it, and why does it matter so much? This blog delves into the technical aspects of cash management, […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

15 Feb 2024

Automate Cash Application & Boost Efficiency: Top 10 Proven Tips

In today’s competitive business landscape, optimizing cash flow is more crucial than ever. A key component of this strategy is streamlining your cash application process. Manual cash application, relying on paper checks and manual data entry, is slow, error-prone, and resource-intensive. Automation, however, offers a powerful solution, transforming your cash application into a frictionless, efficient […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

14 Feb 2024

Conquer Prepaid Expense Amortization: A Step-by-Step Guide

Prepaid expenses are a common occurrence in any business. From paying rent in advance to stocking up on inventory, these expenses represent future benefits already paid for. But how do we account for these costs? This is where prepaid expense amortization comes in. It’s a crucial accounting process that ensures accurate financial reporting and a […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

14 Feb 2024

A Comprehensive Guide to Prepaid Expenses

Introduction In the intricate world of accounting, prepaid expenses hold a unique position. Representing payments made in advance for goods or services to be received in the future, their treatment transcends straightforward expense recognition. This guide delves into the intricacies of prepaid expenses, equipping you with a thorough understanding of their accounting treatment, practical examples, […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

13 Feb 2024

Allowance for Doubtful Accounts: Safeguarding Your Receivables

In the world of business, extending credit to customers is a double-edged sword. It encourages sales but carries the risk of uncollected payments. Recognizing this inherent risk, accountants utilize a powerful tool – the allowance for doubtful accounts. This blog delves into the technicalities of this crucial concept, equipping you with the knowledge to calculate […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

13 Feb 2024

Advance Billing Strategies for Business Growth

Advance billing, a billing method where customers pay upfront for goods or services before receiving them, can be a powerful tool to improve your financial health and streamline operations. But before diving in, understanding its nuances is crucial. This blog delves into the intricacies of advance billing, exploring its benefits, best practices, and accounting considerations. […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

13 Feb 2024

eChecks vs. ACH Payments: Which is Best for Smart Businesses

In today’s fast-paced, digital world, businesses need convenient and secure payment solutions. While credit cards reign supreme, eChecks and ACH payments offer alternative options for both businesses and consumers. But navigating their intricacies can be confusing. This blog aims to demystify these two payment methods, highlighting their key differences and helping you choose the best […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

11 Feb 2024

Unleash the Power of A/R Technology For Your Business

In today’s fast-paced world, managing cash flow efficiently is crucial for business survival. Accounts receivable (AR) technology, with its innovative tools and automation capabilities, has become a game-changer, streamlining the entire collection process and boosting financial health. But what exactly is it, and how can it benefit businesses of all sizes? What is Accounts Receivable […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

11 Feb 2024

An Accounts Receivable Reports Guide for AR Leaders

Introduction: For businesses, getting paid on time is crucial for maintaining healthy cash flow and navigating financial stability. Accounts receivable (AR) reports serve as the backbone of effective credit control and collections, enabling AR leaders to gain vital insights into customer payment patterns, identify potential risks, and optimize AR management practices. This blog delves into […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

11 Feb 2024

13 Accounts Receivable KPIs Every Executive Needs

For finance executives, a healthy accounts receivable (A/R) function is fundamental to maintaining consistent cash flow and business sustainability. But how do you measure and optimize its performance? Enter A/R Key Performance Indicators (KPIs). These metrics provide valuable insights into collection efficiency, credit risk, and overall financial health. This blog dives deep into 13 critical […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

11 Feb 2024

Master Month-End Close: Steps, Checklist & Best Practices

For many businesses, the last few days of each month transform into a whirlwind of activity known as the “month-end close.” This vital accounting process involves summarizing, reviewing, and reconciling financial transactions for the preceding month. While often tedious, an efficient month-end close is crucial for maintaining accurate financial records, generating reliable reports, and making […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

10 Feb 2024

Master Receivables in Accounting & Boost Cash Flow

In the intricate world of accounting, receivables play a crucial role in a company’s financial health. They represent money owed to the business for goods or services delivered but not yet paid for. Understanding receivables, their types, and effective management strategies is essential for businesses of all sizes. This blog post delves into the nitty-gritty […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

10 Feb 2024

Excel for Accountants: Essential Skills & Best Practices

Introduction For accountants, Excel serves as an unsung hero, offering incredible efficiency in managing data, generating reports, and performing complex calculations. However, unlocking its full potential requires mastering specific skills and adhering to best practices. This blog delves into essential techniques, advanced methods, and valuable tips to optimize your Excel usage for accounting tasks, empowering […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

10 Feb 2024

Master the Account Receivable Process

In the relentless pursuit of financial health, businesses rely on a seamless revenue stream. The accounts receivable (AR) process plays a pivotal role in ensuring timely payments for goods or services rendered. This involves invoicing, tracking, and collecting receivables demands meticulous attention and strategic optimization. What is Accounts Receivable? At its core, the AR process […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

09 Feb 2024

Accounting Accuracy: Best Practices & More

Financial information is the lifeblood of any organization. It guides decision-making, attracts investors, and ensures compliance with regulations. But this information is only valuable if it’s accurate. That’s where accounting accuracy comes in – the cornerstone of reliable financial reporting. What is Accounting Accuracy? Accounting accuracy refers to the degree to which financial records and […]

Valerius Dcunha (Founding Member - Business)

Uncategorized

09 Feb 2024

Collect Cash Faster: 10 Modern Accounts Receivable Tips

In today’s fast-paced business environment, maintaining healthy cash flow is crucial. Yet, many companies struggle with outstanding accounts receivable (AR), hindering growth and profitability. Fortunately, several powerful strategies can optimize your AR collection process, ensuring timely payments and a robust financial foundation. This blog delves into 10 impactful tips for modern-day AR collection, combining established […]

Subhasis Sahoo (Founding Member - Marketing)

Uncategorized

09 Feb 2024

Accounting Audit Process: A Step-by-Step Guide

Financial statements are important of businesses, painting a picture of their health and performance. But how can we be sure these numbers are accurate? Here is where accounting audit process helps, a systematic examination that provides assurance on the reliability of financial information. This blog dives deep into the world of audits, exploring its intricacies […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

08 Feb 2024

Streamline Your AR for Faster Cash Flow

The Accounts Receivable (AR) department plays a critical role in any business’s financial health. It’s responsible for ensuring timely payments from customers for goods or services rendered. But for many companies, AR can become a bottleneck, hindering cash flow and causing headaches. In this blog, we’ll delve into the world of AR, explain its functions, […]

Valerius Dcunha (Founding Member - Business)

Collections

08 Feb 2024

Accounts Receivable Days: Boost Cash Flow Now

For businesses, cash flow is king. Every entrepreneur or financial professional knows the importance of collecting payments promptly. This is where the concept of accounts receivable days (ARD) comes in. It’s a crucial metric that measures the average time it takes customers to settle their outstanding invoices, offering valuable insights into a business’s financial health. […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

08 Feb 2024

Third-Party Collection Agencies: Roles, Rules, & Impact

In the complex world of finance, debt collection plays a crucial role in ensuring creditors receive their due. While some creditors attempt collections in-house, many turn to third-party agencies for specialized expertise and resources. This blog delves into the intricate workings of third-party collection agencies, unraveling their roles, processes, and impact on both creditors and […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

04 Feb 2024

Trade Receivables: Formula, Calculation & Management Tips

In the business world, understanding your financial picture is crucial. One key element of this picture is trade receivables, also known as accounts receivable (AR). But what exactly are they, and how do they work? This blog delves into the technicalities of trade receivables, providing a comprehensive explanation with formulas, calculations, and real-world examples. What […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

04 Feb 2024

Past-Due Invoices: Master Recovery with Emails & Strategies

In the fast-paced world of business, staying on top of finances is crucial. One significant challenge businesses face is dealing with past-due invoices, where clients fail to pay within the agreed-upon time frame. This can put a strain on cash flow, hinder growth, and lead to frustration. In this blog we will discuss, past-due invoices, […]

Valerius Dcunha (Founding Member - Business)

Cash Application

04 Feb 2024

Unlock Faster Cash Flow: Master Lockbox Payments & Automation

In today’s dynamic business landscape, optimizing cash flow is crucial for financial health and growth. Lockbox payments, a powerful tool in the accounts receivable (AR) arsenal, provide a secure and efficient way to collect customer payments and accelerate fund access. But what exactly are lockbox payments, and how can automation unlock their full potential? This […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

04 Feb 2024

Master the Month-End Close: Your Guide to Accuracy & Efficiency

The month-end close is a critical part of any financial process, but it can also be a complex and time-consuming endeavor. In this blog post we will deep dive into the world of month-end close, providing a comprehensive guide for businesses of all sizes. We’ll explore the purpose of the close, outline the key steps […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

04 Feb 2024

Is Accounts Receivable a Debit or Credit?

In the realm of business, every transaction tells a story. Each debit and credit on your accounting ledger paints a picture of your financial health. Understanding these entries empowers you to make informed decisions about your future. Here lets deep dive in: accounts receivable, exploring its debit/credit nature and unveiling best practices for managing it […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

03 Feb 2024

Write Powerful Collection Dispute Letters

Encountering disputed charges or inaccurate billing statements can be exasperating and perplexing. A collection dispute letter serves as a formidable tool to challenge such discrepancies and assert your rights. Whether it’s an erroneous medical bill, an unfulfilled service invoice, or a debt you genuinely don’t owe, understanding how to compose a compelling dispute letter is […]

Valerius Dcunha (Founding Member - Business)

Credit & Buyer Intelligence

03 Feb 2024

Creditworthiness Assessment: Master It & Profit

In the realm of finance, establishing trust is paramount. When extending credit—whether in the form of a loan, credit card, or buy-now-pay-later option—lenders must accurately gauge the likelihood of repayment. This, essentially, is the core of creditworthiness assessment—an evaluation of an individual or entity’s capacity and willingness to fulfill their financial obligations. However, assessing this […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

03 Feb 2024

Master Credit Risk Management: Challenges & Best Practices

What is Credit Risk Management? In finance, credit risk management (CRM) stands as a cornerstone practice, safeguarding lenders against potential losses stemming from borrowers’ failures to uphold their loan repayment obligations. It encompasses a systematic process of identifying, assessing, mitigating, and monitoring credit risk—the inherent possibility of non-payment—throughout the entire credit lifecycle, from loan origination […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

02 Feb 2024

Your Guide to Credit Dispute Letters

Navigating the complexities of personal finance can be daunting, especially when faced with errors on your credit report. If you encounter inaccuracies, a crucial tool in your arsenal is the credit dispute letter. This document formally challenges incorrect information, paving the way for a corrected report and an improved credit score. This guide empowers you […]

Subhasis Sahoo (Founding Member - Marketing)

Credit & Buyer Intelligence

02 Feb 2024

Cash Flow Projection: Guide, Steps & Pitfalls (Free Template!)

For individuals and businesses alike, understanding cash flow is imperative. It represents the actual movement of money in and out of accounts. While profit and loss statements provide historical perspectives, cash flow projections offer vital glimpses into the future, facilitating confident navigation of financial decisions. This guide delves into the intricacies of cash flow, explores […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

01 Feb 2024

Cash Conversion Cycle: Unlock Efficiency & Growth

In any business, a seamless cash flow is lifeblood of its operations. Nevertheless, cash can often become ensnared in inventory, outstanding invoices, and various other facets, impeding the capacity to invest, expand, and meet financial obligations. Enter the cash conversion cycle (CCC): a pivotal concept for ensuring optimal cash flow and fostering financial stability through […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

01 Feb 2024

Cash Application: A Complete Technical Guide

In the fast-paced world of business, efficient cash flow management is paramount. A crucial component of this mechanism is the cash application process, ensuring the accurate and timely allocation of incoming payments to outstanding invoices. But what exactly is cash application, and how does it work? What is Cash Application: Cash application is the process […]

Subhasis Sahoo (Founding Member - Marketing)

Cash Application

01 Feb 2024

Master the Balance Sheet Reconciliation

Balance sheet reconciliation stands as a critical accounting process essential for ensuring the accuracy and integrity of a company’s financial statements. It involves meticulously comparing the balances of various accounts listed on the balance sheet with independent, external documentation. This guide delves deeply into the technical aspects of balance sheet reconciliation, providing a comprehensive understanding […]

Amartya Singh (CEO, FinFloh)

Credit & Buyer Intelligence

01 Feb 2024

Master Bad Debt: Formulas, Calculation & Management Tips

In the realm of finance, bad debt, also known as uncollectible accounts expense, represents a portion of borrowed funds or outstanding balances that a creditor deems irrecoverable. It is an inevitable reality for businesses and individuals that extend credit, as unforeseen circumstances can render borrowers unable to repay their debts. This blog delves into the […]

Amartya Singh (CEO, FinFloh)

Collections

01 Feb 2024

Optimize Cash Flow Using Average Collection

In the dynamic realm of business, the efficient management of cash flow reigns supreme. Every company endeavors to expedite the collection of payments, ensuring smooth operations and facilitating growth. In this pursuit, the average collection period (ACP) emerges as a pivotal metric, shedding light on a company’s prowess in converting credit sales into cash and […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

31 Jan 2024

ACH Payments: Your Guide to Faster, Cheaper Transfers

What is an ACH Payment? ACH, an acronym for Automated Clearing House, denotes a nationwide network in the United States facilitating the electronic transfer of funds between bank accounts. Unlike credit card transactions, which entail third-party networks and instant authorization, ACH payments operate directly between banks, rendering them more cost-effective and efficient. How Does an […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

31 Jan 2024

AR vs AP: Demystifying Cash Flow's Balancing Act

In business finances, two fundamental components take center stage: accounts receivable (AR) and accounts payable (AP). Understanding their distinct roles and the symbiotic relationship they share is crucial for maintaining a healthy cash flow. This blog post deep dives into the world of AR and AP, elucidating their disparities, their impact on cash flow, and […]

Subhasis Sahoo (Founding Member - Marketing)

Collections

31 Jan 2024

Understand Accounts Receivable Factoring: A Guide

What is Account Receivable Factoring? Accounts receivable factoring is a financial transaction where a business sells its outstanding invoices (receivables) to a third party, known as a “factor,” at a discount. In exchange for the immediate cash advance, the factor collects payment from the business’s customers and retains the discount. It’s akin to getting paid […]

Subhasis Sahoo (Founding Member - Marketing)

Invoice to Cash

31 Jan 2024

2024 CFO Guide: Automate, Lead, Grow

In the ever-evolving landscape of finance, Chief Financial Officers (CFOs) find themselves at the forefront of a transformative era. As we step into 2024, the CFO’s role extends far beyond conventional financial oversight. It now requires a strategic approach, leveraging AI automation, and proactively navigating risks. This blog will provide actionable insights derived from two […]

Valerius Dcunha (Founding Member - Business)

Invoice to Cash

29 Jan 2024

Accounting Automation: Streamline Finances & Boost Cash Flow

The world of accounting is currently undergoing a significant transformation, propelled by the surge of automation technologies. Manual processes, once the norm, are gradually giving way to intelligent software solutions, promising greater efficiency, accuracy, and insights. In this discourse, we will delve into the realm of accounting automation, examining its benefits, focusing on its impact […]

Amartya Singh (CEO, FinFloh)