Recent Posts by Manoj Jonna

What to Do When Your Cash Flow Forecast is Wrong

The cash flow forecast is a critical report for a business of any size or niche. Because it shows how much money you’ll receive and disburse in a given period, the cash forecast serves as a touchstone for decisions about acquisitions, payroll, investing, marketing, and more. If this vital report is inaccurate, the fallout can be potentially dire for your business.

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YayPay Distinguished as a Top User Experience Platform for Accounts Receivable Software

FinancesOnline.com Recognizes YayPay with Its
2017 Great User Experience and Rising Star Awards

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How Productive Is Your Collections Team?

For most businesses, accounts receivable (AR) has been developed and standardized to ensure one thing: that payments are received on time. Outstanding receivables are not only the bane of most accounting teams, they can be used to gauge their productivity (or lack thereof).

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YayPay's CFO Podcast 3/28/17 - Interview with Mike LeSanto, Controller at ViralGains

Technology has transformed business in fundamental ways. For the field of accounting, it has introduced new variables in a world previously viewed in black-and-white terms.

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CFOs Prefer AR Automation for Productivity - Recent Survey Shows

For most middle-market companies, evaluating the performance of accounts receivable (AR) is an uphill battle. Not only do industries differ on which measures to use in evaluating AR, CFOs themselves often do not have the time or budget to analyze inefficiencies related to DSO.

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AR on Autopilot: A Business Case for Account Receivables Automation

The pace of technology change is staggering: If you see a gadget in a sci-fi movie, chances are you will get to test-drive it in real life sooner than you think. Yet the nightmares of a typical AR department have remained unchanged for decades. Between managing the disaster of having sent the wrong invoice to the wrong customer, to eye-rolling at customers’ claims that they never got a single one (of the three invoices) sent to them, AR managers are dealing with the same-old problems. The cause is simple: Many of the processes that drive billing and collection functions in a modern company are 150 years old.

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3 Ways to Move Your AR Department Out of the Dark Ages

Consider all the tasks your team must complete to get cash in the door. Every month they create, print and mail invoices. Not all payments come in on time, so your staff must identify clients who need follow up. That usually requires running AR aging reports and sorting them manually to prioritize the calls. Then there are phone calls to be made, followed by waiting for payment and another round of follow-up calls - just in time for the next month’s invoicing cycle.

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How to Measure the Cost Benefits of Automating Your AR Process

Purchasing a technology solution can represent a huge up-front investment for a corporation—but one that can potentially pay for itself many times over. But make the wrong choice and that investment can turn into a financial sinkhole.

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