Are you moving to a remote work model?
“Anytime Collect is a great tool for us collectors to make it easy for all who are faced with working from home for the time being. Stay home and use Anytime Collect!!! 😊”
– Linda Boucher, Credit Manager
Encouraging Team Communication in Remote Accounts Receivable
A crucial task to overcome in remote work is communicating properly with your team. This is especially important in the accounts receivable department because communication among collectors is a key to your success. Your
External Factors Role on DSO
DSO is driven by customer payment behavior and ability to pay. Customer payment behavior and ability to pay can be influenced by internal and external factors. Internal factors are easier to understand and quantify,
Promoting Social Interaction in Accounts Receivable Remote Work
The social interaction many people get from going into the office is something that is taken for granted until you move into remote work. Many people don’t realize how often they interact face-to-face with
Anytime Collect Announces Integration with APS Payments
Anytime Collect is excited to announce a partnership with APS Payments, a gateway, processor, and integrator that is trusted by thousands of merchants daily to process payments. APS Payments and Anytime Collect have a
Using Payment Channels to Encourage Stellar Payment Behavior from Customers
The types of payment channels you offer can affect customer payment behavior. If you are frustrated by unsuccessful efforts to reduce DSO, and you have not changed your payment channels for some time, it’s
Using Customer Self-Service to Increase Remote Accounts Receivable Productivity
When you’re transitioning your accounts receivable operations to a remote work method, you will have a period of getting used to your new work environment and habits. Once your remote work infrastructure and remote
How to Handle Late Payment Behavior
Late payment behavior increases DSO. If a large percentage of your customers are late payers, they can cause DSO to expand enough to snare you in a cash trap. Collection bottlenecks can make reducing
Creating A Productive Work Environment for Remote Accounts Receivable
If you’re typically an office worker and you’re venturing into the work from home space for the first time, the transition can take a toll on your productivity. If you don’t establish a good
Building a Remote Work Infrastructure for Accounts Receivable
Making the transition to remote work for many companies can initially be a challenge. At Anytime Collect, our company was built on a remote work model and we want to share some of the
First Payment A Critical Milestone In Onboarding Customers
Getting a new customer set up in your system and completing transactions without a problem is a major step in establishing a lasting business relationship. Setting up a new customer in your system can
Don’t Guess About Customer Payment Behavior
Knowing your customer payment behavior can help you to control and reduce DSO. If you know your customer payment behavior you can shape your Credit Policy to achieve the DSO level that is a
Recognizing Your Customer’s Payment Behavior to Decrease DSO
DSO can be a difficult AR metric to analyze and understand. It can be misinterpreted because of seasonal sales impacts and large swings in sales due to sales promotions, new product introductions and changes
How Credit Policy Impacts DSO: Collection Policy
Collection Policy has a direct impact on the quality of AR and the DSO your company will need to finance. It is the formalization of the practices and procedures used to collect AR and
How Credit Policy Impacts DSO: Credit Standards
Credit Policy impacts DSO in a number of ways. One way is through Credit Standards. The Credit Standards you set will ultimately determine the risk you take with AR and the DSO your company
