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Technology in credit management: 6 key learnings from 2024 

Onguard

Earlier in 2024, we surveyed 300+ CFOs and financial professionals in the Netherlands to study how they view current technology trends and their impact on the finance sector. 72% of finance professionals in our study expect the DSO to remain the same or increase in 2024. But why won’t customers pay?

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RMAI Update September 2024

RMAi Blog

On September 5, 2024 the CFPB issued its annual Fair Debt Collection Practices Act report. In a June 2024 meeting with RMAI leadership, Director Chopra shared that the CFPB expects a high number of debt collection complaints simply by nature of the business. 22-11875, 2024 U.S. Lexington Place Condo. Ass’n, No.

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January 2024 Commercial Credit Management News

Credit Management Group UK

We hope this blog finds you well.

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SOA People Credit Management Forum 2024: A Recap of Innovations and Best Practices

SOA People

In March 2024, we launched a new event format: the SOA People Credit Management Forum. Why did we do this?

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Big Company Red Flags You Can't Afford to Miss

Your Virtual Credit Manager

Here a sample of the news on this front: Commercial bankruptcy filings across all chapters increased 20% in the first 9 months of 2024 compared to 2023, with 22,550 filings versus 18,774 according to Epiq AACER. Your Virtual Credit Manager is a reader-supported publication. Register Do you need help improving cash flow?

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Strategic Credit Management: The way to positive cash flow

Onguard

Relatively little has changed over the past 25 years in the credit management profession. Initiated in October 2024, Onguard University is a series of events that gives the stage to a different credit management expert every time. A turnover increase creates pressure on the Credit Management department.

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Navigating the looming Credit Manager shortage: now is the time for smart credit management software

Onguard

As we step into 2024, the landscape of credit management is undergoing a significant transformation. The looming issue of a Credit Manager shortage is not just a fleeting concern but a stark reality that businesses must address. In the face of this shortage, companies must pivot towards innovative solutions.