Your Virtual Credit Manager

FEBRUARY 4, 2025

In most companies, sales are given a strong priority over the risk of slow payments and bad debts regardless of gross margins and the resources the credit and collection function can provide to mitigate risk. Photo by Piret Ilver on Unsplash ) Too often, credit and collections are an afterthought.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Invoice Disputes Bad Debt 130

Your Virtual Credit Manager

JANUARY 7, 2025

How was your accounts receivable (AR) performance last year? This is a very important question because AR is typically one of the top two or three largest assets for a B2B vendor. The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR) 130

Emagia

FEBRUARY 21, 2025

In today’s fast-paced business environment, efficient management of accounts receivable (AR) is crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. To address these challenges, many companies are turning to accounts receivable automation software.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Credit and Collections Cash Forecasting 40

Your Virtual Credit Manager

FEBRUARY 27, 2024

It's essential, however, for everybody to recognize that credit decisions also have broader implications across various aspects of company operations. In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Days Sales Outstanding Bad Debt Credit and Collections 130

Your Virtual Credit Manager

FEBRUARY 13, 2024

Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency. The good news is that there are a number of actions you can take to reduce your loss exposure and shore up your accounts receivable (AR).

Bankruptcy 130

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

Your Virtual Credit Manager

OCTOBER 17, 2023

(Photo by Jandira Sonnendeck on Unsplash ) In most cases, you therefore have to extend credit to your B2B customers, which entails the following risks: Not being paid anything Being paid an amount less than the full invoice value Not being paid on time, whether in full or in part These outcomes are known as credit risks.

Bad Debt 130

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

Your Virtual Credit Manager

FEBRUARY 28, 2023

It will contribute to you realizing accelerated cash inflows, which will be critically important during a recession. It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. Most distressed companies continue paying, until they can’t.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130