August 7, 2020 Update Covid-19

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Updated Agust 7, 2020 To Our Customers, We continue operational, enable by our cloud, work-from-anywhere automation. To support our employees, most operations are being performed remotely, and we are fully “open for business” to serve you. Our technologies are built for 24×365 access from anywhere, and so it is possible to maintain services without losing… Read more »

Improving your bottom-line with AR automation

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Advanced technologies, including robotic process automation (RPA), will forever change accounts receivable, collections, and deduction management. Like most other back-office functions, receivables management was a manual affair as recently as twenty or thirty years ago, working off printed agings, typing reconciliations and letters and mailing or faxing. It’s hard to believe that tools MS Excel,… Read more »

Statute of Limitations for Contract Debts

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The Statute of Limitations for lawsuits varies by state, and runs anywhere from 3 to 15 years, after which the debt is “time-barred,” and you will be unable to sue.  You should use every legal means at your disposal, of course,  but if you wait too long and rely on a last-minute lawsuit as a… Read more »

Avoiding Collection Decision Gridlock

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  Dealing With Chronic Slow Pays    Chronic slow payers can be profitable, long-term customers, but they require constant attention so that they do not age-out to the point they become bad debts.  If through inaction, you allow customers to pay slowly, not only do you not get your cash flow, but they will order… Read more »

Selecting a Deduction Management System

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Selecting a deduction management system including cash application software can be confusing, so let’s start with a set of basic specifications based on your own operational needs and experience. You can add to it as you review various systems and see how others are interacting with the software. You will soon develop a list of… Read more »

Accounts Receivable Deduction Management Features

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Accounts receivable management is rife with functions that are only partially automated, still manual, or which need to be done offline, for example, by using Excel. The right system will encompass all of these and will automate, at a minimum, these features and eliminate offline processes: EDI capabilities from 810 invoice processing to 820 cash… Read more »

Why SaaS is Such a Powerful Solution

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In the past, companies bought, built, and maintained their IT infrastructures despite the huge costs because there was no choice. The Internet’s exploding bandwidth changed this, and Software as a Service (SaaS) is now a better alternative without the large investment. The SaaS model is growing exponentially because it offers serious business benefits. SaaS applications… Read more »

Improve Your Profits: Vendor Compliance Chargebacks

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Vendor Compliance Chargebacks are a serious problem for many retail suppliers, often amounting to a loss equal to more than 1% of annual revenue, because of suppliers’ failure to comply with retailers’ detailed order, billing, and shipping requirements. The first step in the compliance penalty and deduction cure process is to put the first foot… Read more »

Post-Audit Claims & Deductions Management

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Post-Audit Claims & Deductions taken by commission-based auditors hired by retailers total billions of dollars annually and, because of the age and structure (by SKU and line item), these claims are challenging to research, reconcile, and document without powerful custom software, such as our Carixa™ Matching and Reconciliation Software. Further, when the claims are partially… Read more »

Robotic Process Automation (RPA)

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Robotic Process Automation (RPA) refers to the use of computer that controls and automates rule-based processes without the need for human supervision or labor, including automated cash application, collections and deduction management. RPA enables the automatic access, capture, manipulation, interpretation, and action on data and documents from other internal and external systems. Using RPA, our… Read more »