SOA People

JUNE 20, 2024

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

Credit Management 52

Credit Management 52

SAP Credit Management

AUGUST 31, 2023

And in 2024, we’ll have moved once again — but to a new home that, actually, isn’t entirely new at all. In 2016, the SAP Community moved from its old SCN home to its current platform. In late 2021, we launched our groups platform on Khoros.

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Your Virtual Credit Manager

OCTOBER 22, 2024

In 2022, 55% of companies suffered at least one payment fraud attack, while 12% were targeted upwards of 10 times according to a report published August 2, 2024 by Trustpair. To continue reading and learn more about the types of credit fraud and how to protect your organization, you must be a paid subscriber.

Past Due Invoices 130

Past Due Invoices Credit and Collections Credit Card Payments Default 130

Your Virtual Credit Manager

NOVEMBER 25, 2024

Your Virtual Credit Manager is a reader-supported publication. For a masterclass on Credit Department Digital Transformation , join David Schmidt online December 3, 2024, at 1:30 PM EDT. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly).For

Credit and Collections 130

Credit and Collections Credit Management Default Small Businesses 130

Onguard

JANUARY 5, 2024

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.

Credit Management 52

Credit Management 52

Your Virtual Credit Manager

NOVEMBER 12, 2024

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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Chapter 11 Accounts Receivable (AR) Bankruptcy Credit and Collections 130

Your Virtual Credit Manager

NOVEMBER 5, 2024

Your Virtual Credit Manager is a reader-supported publication. For an Introduction to Business/Commercial Collections , join David Schmidt online November 12, 2024, at 1:30 PM EDT. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly).

Accounts Receivable (AR) 130

Accounts Receivable (AR) Credit and Collections Credit Management Default 130

SAP Credit Management

SEPTEMBER 25, 2023

This blog introduces the latest updates in SAP Analytics Cloud to our Modelling Calculations and Currency Rates Table features, released as part of the QRC Q4 2024 release. There are plenty more innovative new Model Calculations features to come in 2024, so watch this space! Purpose Hello SAP Community colleagues!

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Your Virtual Credit Manager

FEBRUARY 13, 2024

Likewise, the construction and business services industries, accounting for nearly 20 percent of insolvencies last year, are projected to remain the hardest hit in 2024. percent in 2024 — that’s roughly one in twelve. Here’s a primer on credit insurance. Fitch Ratings forecasts U.S. What do you need help with?

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Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Chaser

APRIL 24, 2024

I am thrilled to share that Chaser has been shortlisted for the Best Technology Provider award at the 2024 Credit Awards. The Credit Awards recognize outstanding individuals and companies that have had a significant impact on the credit management industry.

Credit Management 59

Credit Management 59

Your Virtual Credit Manager

APRIL 23, 2024

The good news is that until May 1, 2024, annual subscriptions are only $29.40. The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard consulting rates. The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard consulting rates.

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Bankruptcy Chapter 11 Credit and Collections Collector 130

Onguard

JULY 8, 2024

Download the fintech baropaper Manual debtor management a reality for two in ten finance professionals Two in ten finance professionals (18%) do not use debtor management tools. The results come as a surprise as the use of pen and paper for accounts receivable management has proven significantly error-prone in the past.

Credit and Collections 52

Credit and Collections Credit Management 52

Your Virtual Credit Manager

OCTOBER 15, 2024

(Photo by Melinda Gimpel on Unsplash ) The American Bankruptcy Institute recently reported that, “The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36 percent increase over the 4,561 filed during the same period in 2023.” This initial uptick is only expected to get worse.

Chapter 11 100

Chapter 11 Bad Debt Accounts Receivable (AR) Chapter 7 100

Your Virtual Credit Manager

DECEMBER 31, 2024

In our case, we found a continued interest in collection technique and strategy, as well as in fighting credit fraud. What follows is a summary of the three most read article for the 12 months ending in October 2024, and links to the originals. To receive new posts and support my work, consider becoming a free or paid subscriber.

Collector 130

Collector Credit and Collections Bad Debt High-Risk Accounts 130

Your Virtual Credit Manager

JULY 9, 2024

However, we are in a very different interest rate environment in 2024 as compared to the years leading up to 2021. until July 31, 2024, you can take advantage of our Independence Day Sale to lock your subscription to Your Virtual Credit Manager at $34.99 Do you need help managing credit and collections?

Credit and Collections 130

Credit and Collections Credit Management Invoice Amount Small Businesses 130

Your Virtual Credit Manager

AUGUST 2, 2024

Tuesday, August 6, 2024 1:30 PM Eastern Daylight Time (EDT) Learn More & Register Special offer for readers of Your Virtual Credit Manager: This session will discuss how to optimize cash flow and working capital for your enterprise by applying the best collection strategy to each customer.

Collector 100

Collector Credit and Collections Credit Management 100

Onguard

MAY 27, 2024

This is according to the FinTech Barometer, the annual survey by credit management software specialist Onguard , for which 304 CFOs and finance professionals were surveyed. DSO will not improve in 2024 41 percent of companies should consider themselves lucky: for them, the average DSO is currently standing at less than 30 days.

DSO 52

DSO Days Sales Outstanding Credit Management 52

Onguard

SEPTEMBER 12, 2024

For example, over half of finance professionals in the Netherlands (55,5%) expect the role of the credit manager to focus more on strategic advice and less on operational tasks in the coming years. Key findings: 51,8% of respondents say the future of credit management lies in further integration of AI and Machine Learning.

Credit Management 52

Credit Management 52

SAP Credit Management

SEPTEMBER 18, 2023

No vídeo tutorial, mostramos como exemplo a data 21 de janeiro de 2024. A partir de 01/01/2024 , o sistema não permite a configuração parcial de eventos para a nova versão. é 01/01/2024. Vamos ver mais detalhes? Veja no vídeo que preparamos para você como configurar o novo leiaute: Quando realizar a troca de leiaute?

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Onguard

OCTOBER 29, 2024

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.

Credit Management 40

Credit Management 40

Know-It Global

APRIL 2, 2024

New changes have come into place in April 2024, with updated standards for Prompt Payments being introduced. As of April 1 st, 2024, there are significant changes for big businesses bidding for large government contracts. At Know-it, our platform uses automation to support small businesses with their credit control process.

Credit and Collections 104

Credit and Collections Small Businesses Credit Management 104

Know-It Global

DECEMBER 20, 2023

March Our First Customer Success Manager – Clara Gobrecht With more and more subscribers on our amazing credit management platform every day, Clara was introduced officially as Know-it’s first customer success manager who is on hand to give support to our users to help them get the most out of the Know-it platform!

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Credit and Collections Debt Collections Credit Management Credit Risk 105

SAP Credit Management

AUGUST 24, 2023

days every month) from say June 2022 – May 2023 in the Acquisition account These accruals are transferred on a regular basis to Vacation Taking Account which is valid from June 2023 – May 2024. So the employee would have 30 days of vacation accrued (2.5 at the end of vacation acquisition period i.e May 31 st of a year.

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Onguard

JULY 9, 2024

This is according to the FinTech Barometer, the annual survey by credit management software specialist Onguard, for which 304 CFOs, finance managers and finance professionals were surveyed. Of these, 212 work in finance management and 92 work as finance professionals. 304 finance professionals participated in the survey.

Credit Management 52

Credit Management 52

Onguard

MAY 6, 2024

This is evidenced by the FinTech Barometer, the annual survey by Credit Management Software Specialist Onguard. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. Fintech Baropapers in 2024 This is the second part of our comprehensive analysis, based on the FinTech Barometer 2024.

Cybersecurity 52

Cybersecurity Credit Management 52

Onguard

MAY 6, 2024

This is evidenced by the FinTech Barometer, the annual survey by Credit Management Software Specialist Onguard. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. Fintech Baropapers in 2024 This is the second part of our comprehensive analysis, based on the FinTech Barometer 2024.

Cybersecurity 52

Cybersecurity Credit Management 52

Gaviti

JULY 3, 2024

AICPA® and CIMA® CFO Conference Date: April 24–26, 2024 Location: Charleston Place, Charleston, SC, and live online Focus: CFOs, C-suite executives and finance directors and controllers This three-day financial conference allows CFOs and finance executives both in-person and via virtual workshops. Schedule a demo to learn more.

Credit and Collections 52

Credit and Collections Credit Unions Shared Service Cybersecurity 52

SAP Credit Management

SEPTEMBER 17, 2023

The Stage was so simple and elegant with the sustainability theme The key note was opened by Sindhu Gangadharan on the Sustainability and there were so much relevance with the SAP Labs with pointers on how in 2024 it will be sustainable on NetZero.

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SAP Credit Management

JANUARY 22, 2023

It´s important because costs or spends are started earlier (in 2022, lines # 4 … 13) than we expect the benefits (in 2024, line #3), and the program outcomes should be calculated considering this time lag. The most important task of the table is to compile all financial data in one timely (early) dimension.

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Credit Management Group UK

SEPTEMBER 15, 2024

Future Course Dates: W/c 21st October 2024 W/c 10th February 2025 W/c 19th May 2025 Time: The course will be presented via live online training, this will take place over 2 consecutive days for 2 hours per day on Tuesday and Wednesday of that week. appeared first on Credit Management Group UK.

Bad Debt 90

Bad Debt Credit Management 90

Gaviti

OCTOBER 10, 2024

A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. Credit Management and Monitoring. The post Best 5 Autonomous Finance Tools for 2024 appeared first on Gaviti. Schedule a demo to learn more.

Invoice to Cash 52

Invoice to Cash Credit and Collections Payment Portals DSO 52

Your Virtual Credit Manager

SEPTEMBER 26, 2023

Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. More About Purchasing Credit Reports Be proactive with larger balances that may become past due. What do you need help doing?

Credit and Collections 147

Credit and Collections Accounts Receivable (AR) Deductions Collector 147

Know-It Global

AUGUST 16, 2023

Scottish FinTech Know-it has revealed it will enter the Australian market in 2024, as part of its global expansion strategy. This strategic move aims to deliver Know-it’s credit management solution to the Australian market, ensuring that Australian SMEs have access to the platform to effectively manage their credit control process.

Credit and Collections 52

Credit and Collections Credit Risk Credit Management 52

SAP Credit Management

SEPTEMBER 11, 2023

Registration is open from September 1st 2023 to March 1st, 2024. Registration started September 1st, 2023 and will be open till March 1st, 2024. Best regards, Kathrin Henkel (on behalf of the SAP HANA Cloud Product Management Team) Be part of the SAP HANA Cloud 2023.Q2

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Your Virtual Credit Manager

APRIL 9, 2024

” Federal Reserve Bank of Minneapolis President Neel Kashkari penciled in two rate cuts for later in 2024 at the last Fed meeting but noted, "If we continue to see inflation moving sideways, then that would make me question whether we need to do those rate cuts at all."

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Credit Card Payments Default 130

Gaviti

FEBRUARY 5, 2024

In this product release, Gaviti proudly introduces a suite of new features and enhancements, all aimed at transforming how businesses manage their accounts receivable. If you would like to learn more, please contact your customer success manager or join our webinar.

Cash Applicator 52

Cash Applicator Dashboards DSO Credit and Collections 52

SAP Credit Management

JULY 25, 2023

SAP provides another cool solution SAP Service and Asset Manager which also supports offline mode. Infact, you can also check sap roadmap reference document, you can see that in 2024 sap will be providing some cool features such as ai chatbot, inbound transaction queue out of the box. Also, new features are coming up every 6 months.

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Transactions 156