Cash Application

The concept of cash application — the process by which companies match cash coming in with the amounts due from their customers — is straightforward enough. When the check comes in, cross the… Read More

Is 2015 the year you’ve resolved to finally get on top of those deductions and short pays that drain your AR department’s time and resources while adding costs? If so, implementing an appropriate… Read More

Following are a wide range of leading solution providers with offerings from stand-alone deduction management solutions to fully integrated receivables platforms that include deduction management

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By Dan Halousek and Bernd Boketta Dan Halousek is Johnson & Johnson's (J&Js) cash collection supervisor, global finance services for Germany and Nordics. Bernd Boketta is J&Js receivables to cash… Read More

Imagine being told your AR department could achieve savings in deduction processing costs like the following: 50 percent reduction in overall cash application costs with an increase in auto-match… Read More

Volumes could be written about deduction management, says author and consultant John Salek, vice president, Business Solutions for GENPACT's Order to Cash Business. GENPACT developed a Best Practice… Read More

Deductions, in the form of discounts, short payments, and chargebacks, are a fact of life when doing business. The challenge for AR is distinguishing between authorized deductions, for which the

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Does this sound familiar? The check was in the mail, but the amount your customer remitted was less than the total amount due. In other words they took a deduction or short paid the invoice.While

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By Wayne Smith Although companies strive to deliver top-quality products along with accurate invoices, mistakes happen. For example, products can be damaged during shipment or clerical errors can

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With today’s relentless focus on working capital management, speeding up the order-to-cash cycle, and improving DSO, AR reconciliation is more critical to a company’s financial health and… Read More