2024 Credit Management Credit Risk 
Your Virtual Credit Manager
OCTOBER 22, 2024
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.
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. It will also help your prioritize your credit reviews as recommended in item #1.
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Your Virtual Credit Manager
NOVEMBER 12, 2024
Monitoring and evaluating the credit risk posed by public companies and other large firms differs significantly in comparison to small and mid-sized businesses. Your Virtual Credit Manager is a reader-supported publication. Learn More About Credit Reports Please share this newsletter with your small business customers.
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.
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!
Your Virtual Credit Manager
OCTOBER 29, 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. Webinar Registration Do you need help assessing your customers’ credit risks?
Your Virtual Credit Manager
JULY 2, 2024
These account provide a serious credit risk, and should not be approved for open credit terms. When an otherwise good customer because a habitual debtor, their credit limit should be revoked. Do you need help managing credit and collections? annualy, forever. that’s nearly a 30% discount!
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