Leveraging Order-to-Cash For Shareholder Value

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Improve the Order-To-Cash Process to Increase Shareholder Value   The Order-To-Cash (O2C) process is an area that that remains largely untapped by many businesses. However, smart and effective management of the O2C process could help to improve business performance and the bottom line. It is no surprise that more and more corporations are beginning to… Read more »

Credit2B Acquired by Billtrust

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John Metzger, Chairman of the Smyyth Family of Companies, announced that Billtrust has acquired the business of Smyyth’s affiliate, Credit2B, as of April 18, 2018. Credit2B is an innovative credit information networking business. Shyarsh Desai, Credit2B’s CEO, will continue in the same role with the new organization. Understanding that “business credit reporting” was a stagnant… Read more »

On Time-In Full Violations (OTIF)

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On Time-In Full On Time-In Full (OTIF)  is a metric for supply chain delivery performance that measures what percentage of the time a supplier delivers orders that meet the customers’ requirements for fill rate and specified delivery windows. For all suppliers but especially for food and consumer packaged goods companies, the importance of Walmart’s On… Read more »

E-Signatures in Credit Application Systems – A Best Practice

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e-signatures Electronic Signatures Digital Signatures   Companies today routinely use e-signatures to streamline and speed commercial transactions. However, we still sometimes get a question as to whether electronic signatures are binding in the United States and Globally.  The following information is provided from U.S Government websites as well as our Smyyth companies corporate e-signature partner,… Read more »

Credit Applications End-to-End Automation

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Best Practices – Online Credit Applications Credit Application Software Credit Application Systems 80% faster credit approvals 90% less manual work 5% more sales from new accounts Online credit applications are relatively new and even the simplest offer a browser-based application filled out by the customer and then processed by the creditor (but usually completed off-line,… Read more »

B2B Credit Scoring Best Practices

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There are many excellent reasons to incorporate automated credit scoring in your credit (and collection) operations, including faster and better quality decisions, enhanced customer service, more effective compliance and controls, and significantly reduced overhead. Employing credit scoring in a B2B environment is in itself a credit management  “Best Practice”, especially if you have many customers…. Read more »

11 Trends in Credit Decision Automation

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Here are 11 trends you need to know about the future of credit decision automation, many of which are already available in a best-of-class risk management platform. Using Artificial Intelligence (AI), and Robotic Process Automation (RPA) to replace manual tasks and improve accuracy in B2B credit checking,  the best technology can revolutionize the credit approval process… Read more »

Robotic Process Automation (RPA)

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Robotic Process Automation (RPA) refers to the use of computer software that controls and automates rule-based processes without the need for human supervision or labor. RPA enables the automatic access, capture, manipulation, interpretation and action on data and documents from other internal and external systems, and then process a transaction, trigger responses and actions, and… Read more »

Top 8 Causes of Vendor Compliance Penalties

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Vendor Compliance Penalties have become a real problem for all retail suppliers. Small vendors, especially, are having problems keeping up with the ever-increasing complexity of doing business in the electronic age. Bog-box retailers are highly computerized and automated throughout the logistics operations and expect their suppliers to be able to match them, deal with them electronically, and ship the goods in a… 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 they are extremely difficult to research, reconcile, and document without powerful custom software, such as our Carixa AuditPro module. Further, when the claims are… Read more »