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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Photo by DESIGNECOLOGIST on Unsplash Editor’s Note: To start off the New Year, we’re bringing back three of the most popular YVCM articles from 2023. We’ve condensed the articles to save you time, but have also provided links to the originals should you want to take a deeper dive.

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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). After September, free subscribers will only have access to the above portion of the weekly article.

DSO 130
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Customer Stops Paying; Now What?

Your Virtual Credit Manager

Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you will get full access to our growing archive of over 100 articles! It involves intensive management of the customer’s total receivable balance supported by a substantial reduction in their credit limit.