This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The evolution of AccountsReceivables (AR) automation has revolutionized our collection strategies. Manual collection processes centered on an aged accountsreceivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation.
No two are alike, but they do tend to fall into some common groupings. Identifying the groupings within your customer accountsreceivable (AR) portfolio enables you to deal with them all more effectively and efficiently. Share The High-RiskAccount: Ideally you do not want to extend credit to highriskaccounts.
A former client had the necessary credit and collection expertise for their industry. They understood the dynamics that affected their customers and marketplace, as well as the credit controls needed to keep creditrisk in check in this environment. Do you need help assessing your customers’ creditrisks?
To continue reading and learn four essential risk-based questions to ask when evaluating a customer’s credit-worthiness, you must be a paid subscriber to Your Virtual Credit Manager. Do you need help assessing customer creditrisks? What are the risks? Something to Think About.
As a CFO or an accountsreceivable (AR) professional, your primary responsibility is to ensure that your business maintains healthy cash flow by efficiently managing accountsreceivable processes. However, managing AR can often be a complex and challenging task.
As a CFO or member of the accountsreceivable (AR) team, one of your top priorities is ensuring your business maintains healthy cash flow. Limited Customer Insights Traditional methods may lack in-depth insights into customer behavior, such as payment tendencies, creditrisks, or disputes.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content