Your Virtual Credit Manager

APRIL 2, 2024

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.

Credit Scoring 130

Credit Scoring Credit and Collections Bad Debt Credit Risk 130

Your Virtual Credit Manager

DECEMBER 6, 2022

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.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Gaviti

APRIL 18, 2024

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.

AR Aging 52

AR Aging Credit and Collections Bad Debt Allowance for Doubtful Accounts 52

Emagia

DECEMBER 30, 2024

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.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Bad Debt 40