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 »

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 »

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 »

Supplier Portals Impact the Invoicing and Payment Lifecycle

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“Collaboration Portals” or “Supplier Portals” are being implemented by many companies to facilitate billing, payments and problem solving between companies, their employees, and their external partners, especially customers. This has important benefits for streamlined customer service, efficiency, and improving cash flow. Having the seller and the buyer on the same platform removes much of the… Read more »

Workflow & Collaboration Tools Deliver Superior Results

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Workflow Automation is the single most impactful type of technology you can introduce to accomplish more with less. Adding staff is often not an option nor is it a real solution to your challenges related to transaction volumes. We all know how workflows are helpful in our personal or business lives. Wake up, walk the… Read more »

Automation For New Account B2B Credit Applications

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Back to the Future in Credit Management Marty McFly would recognize today’s business credit applications as going back to his grandfather’s generation. Little has changed – until now, that is. The Credit2B ECOS™ Platform  changes all this, as it completely automates and accelerates the on-boarding of new customers, even integrating industry sector trade, customer trade… Read more »

Beta Program for New EIPP Solution

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New for 2017, Smyyth is expanding it’s best-in-class Carixa Credit-to-Cash Software Suite to include an Electronic Invoice Presentment & Payment (EIPP). Carixa’s EIPP module will streamline your operations, speed customer service, reduce transaction costs, and get paid faster. With Carixa’s flexible architecture, you can offer the EIPP solution to selected business segments, usually smaller  B2B customers who would benefit the most. The benefits of… Read more »

Pre-Deduction Notices Save Labor and Improve Recoveries

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Many retailers issue pre-deduction notifications that inform a supplier of violations or other charges to allow the supplier to research and dispute (or issue credit for) a deduction before it is taken off a remittance. Some allow you only 90 days for research to prove they’re wrong. Not only do you have a better chance… Read more »

Pre-Deduction Notices

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Is the supplier the last to know? It doesn’t have to be that way. In order to facilitate pre-deduction notifications, the retailer will typically require the supplier to set up a group email address – for example, compliance@yourname.com– for notifications to be forwarded to. The supplier then has to make sure all appropriate personnel in… Read more »