The Total Economic Impact of YayPay by Quadient
Next-generation digital operations platforms will play an important role in delivering quality customer experiences, according to Forrester. One specific operation within organisations that can benefit from this is the process of dealing with invoices each month. Through implementing an effective accounts receivable (AR) platform, managing the lifecycle of these invoices becomes easier and you can personalise to specific customer profiles.
The Essential Guide to Day Sales Outstanding
Days sales outstanding, or DSO, is the average number of days it takes a company to collect payment after a sale has been made. It is also a metric for AR, or accounts receivables. DSO is typically reported and evaluated on a monthly, quarterly, and annual basis. It’s important to understand DSO norms over a 12-month period because your numbers may vary month to month due to natural business cycles or seasonality of your business.
Customer Communications: Your most overlooked superpower in Accounts Receivables
How different is your business today, compared to 12 months ago?
For many of you, it’s likely very different. Customers are not coming into your place of business nearly as often, if at all. Collecting cash has become more challenging. The need for new ways to transact is driving change.
Your ability to respond to changing market conditions and events, and then communicate those changes, is critical to survive. Some of you have up-ended your entire business model to meet new market demands, while others are optimising existing processes.
Quadient AR connects StackAdapt's customer information into a centralised accounts receivables platform
StackAdapt is the #1 programmatic native advertising platform, helping North America’s most exceptional digital marketers accelerate customer engagement and acquisition.
StackAdapt had limited transparency across their customer base due to customer data sitting in disparate systems. This impacted efficiency and made it challenging to resolve customer requests and provide a positive experience. This issue was compounded by a lack of automation, meaning every customer communication had to be managed manually.
Jumio centralized their data with Quadient AR
Jumio is an online mobile payments and identity verification company that provides card and ID scanning validation products for mobile and web transactions.
Jumio’s expanding collections portfolio was difficult for their lean Accounts Receivables team to manage. 20% of the team’s time was spent manually contacting customers and the organization recognized the need for an automated solution. The challenge was finding a solution that would integrate seamlessly with their existing ERP and tech stack to drive immediate benefits and ensure business continuity.
Webinar replay - unlock NetSuite's full potential with Quadient AR
NetSuite enables you to effectively store and analyze your financial data, but you need a tool to maximize its value. Watch the webinar to learn more.
Eliminate the fear of the unknown with the right accounts receivable partner
Many companies remain reluctant to grandfather antiquated accounts receivable workflows and collection processes, leaving their cash supply suffering as a result.
Cash is the lifeblood of your business, so don’t let your business bleed out!
Its 8am, your team has already reached out to you on three different occasions, your main accounting system is down and you still don’t have full visibility into how many days outstanding your clie
Introducing YayPay by Quadient
The credit, collection and payment management solutions market is experiencing year on year double-digit growth and was valued at 11 billion USD in 2018.
How Artificial Intelligence can help with cash flow forecasting
Businesses that can forecast when invoices are likely to be paid can budget for their own spend and therefore plan ahead.