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Top 10 Challenges CFOs of Travel Management Companies Face in Accounts Receivables Management

Emagia

Accounts Receivables (AR) management in a large, multi-brand travel management company presents unique challenges due to the complexity, volume, and global nature of its operations. Lack of Real-Time Visibility: Finance teams struggle to get a consolidated, real-time AR aging report or DSO trends across brands.

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Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

Segmenting your receivables can be based on any number of criteria: industry type, distribution channel, customer risk rating or score, credit limit, AR aging and so on. While these are all useful as a secondary segmentation, the place you want to start is with customer annual purchases from your firm.

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How Asset-Based Lenders Applications Differ from Traditional Options

Fundera

It’s called asset-based lending, and it’s an option that focuses less on your business’s past, and more on your present and the future. In basic terms, asset-based lending is when a borrower’s qualifications are determined based on fixed assets owned by the business. What is Asset-Based Lending?

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How Asset-Based Lenders Applications Differ from Traditional Options

Fundera

It’s called asset-based lending, and it’s an option that focuses less on your business’s past, and more on your present and future. In basic terms, asset-based lending is when a borrower’s qualifications are determined based on fixed assets owned by the business. What is Asset-Based Lending?