Payment Management
Dunning Process in iVendNext: Managing Overdue Payments
Overview Overdue payments can impact cash flow. iVendNext’s Dunning feature helps by sending reminders to customers with unpaid invoices. This article explains how to use it to collect payments on time and maintain good customer relations. 1. What is ...
Bank Guarantees: Creation and Management
Overview Bank Guarantees help reduce financial risk in high-value deals by ensuring a bank covers liabilities if obligations aren’t met. iVendNext makes it easy to create, track, and manage these Bank Guarantees. 1. What is a Bank Guarantee? A Bank ...
Managing Modes of Payment
Overview Managing how payments are made or received is key to smooth operations. iVendNext’s Modes of Payment feature lets you set up options like cash, bank transfers, and more. This article explains how to create, manage, and use them for better ...
Setting Up and Using Payment Requests
Overview iVendNext’s Payment Requests feature makes it easy to request payments from customers. This article explains how to set it up and use it to boost collection efficiency. 1. What is a Payment Request? A Payment Request is a document used to ...
Understanding Payment Terms and Templates
Overview Efficient payment management is key to healthy cash flow. iVendNext lets you set up payment terms and templates to automate schedules. This article shows you how to create, manage, and apply them for smoother operations. 1. What are Payment ...