Remove AR Aging Remove Credit Risk Remove DSO
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Gleaning Actionable Insights from Credit Scores

Your Virtual Credit Manager

Companies tend to offer more favorable terms to customers with higher credit scores, such as higher credit limits or longer payment terms while imposing stricter terms on higher-risk customers with lower scores. Monitoring Credit Risk : Companies may use credit scores to monitor the credit risk of their existing customers.

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Don't Leave Converting Sales into Cash to Chance

Your Virtual Credit Manager

Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order. Without effective AR management, your cash flow is subject to entropy as the AR ages, as well as to the shocks caused by customer defaults.

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The Importance of the Accounts Receivable Aging Report

Gaviti

What Is an AR Aging Report? As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (A/R) aging report. AR aging reports provide concrete information that can be used to take action. Credit management and monitoring. Customer invoice distribution.

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Comprehensive Guide to Accounts Receivable Duties and Job Descriptions

Emagia

Proper accounts receivable management helps in reducing the days sales outstanding (DSO), thereby improving liquidity and profitability. Artificial intelligence (AI) and machine learning algorithms can predict payment behaviors, assess credit risks, and optimize collection strategies.