Remove 2022 Remove Credit Management Remove Credit Risk
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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Community lending software can help get you there.

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Mitigating Commercial Credit Fraud

Your Virtual Credit Manager

When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Your Virtual Credit Manager is a reader-supported publication.

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The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Do not match unapplied credits with open deductions and debits unless there is documentation to relate them or you will be in violation of escheatment laws. Refresh the credit risk ratings and credit limits of customers that have not been updated within the past two years. Does You AR Portfolio Need Spring Cleaning?

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Are Early Payment Discounts a Good Idea in Today’s Economy?

Your Virtual Credit Manager

Your Virtual Credit Manager (YVCM) previously published an article discussing the pros and cons of Prompt Payment Discounts. It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. This is a subject that has valid arguments for and against.

Bad Debt 130
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The Imperative for Prioritizing Collections

Your Virtual Credit Manager

” That comes after a 61 percent increase over the same period from 2022 to 2023. Your Virtual Credit Manager is a reader-supported publication. In other words, commercial chapter 11 bankruptcies have doubled over the past 2 years, and the trend continues upward.