Any reports you run, or export are stale as soon as you hit download. Welcome to the era of real-time AR analytics and dashboards.
“Before, we’d only calculate DSO weekly because you'd have to manually pull a sales report, and an AR aging and then calculate it. With Versapay, you login and your DSO is right in front of your face. It's a lot easier for us to calculate and track, which saves us time when we do company-wide report metrics weekly.”
How to Solve Common Cash Application Challenges with Automation
Sep 30th, 2020
For cash application, the emergence of electronic payments has actually made the process more difficult. In this blog we break down three common cash application challenges AR teams face and how you can solve them with automation.
The Better Way To Manage Sales Discounts With AR Automation
Sep 16th, 2020
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.
8 Ways You Can Automate Your Collections Process
Aug 26th, 2020
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.