Remove Bad Debt Remove Books Remove Credit Application
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Due Diligence Doesn't End with the Credit Application

Your Virtual Credit Manager

Learn More About YVCM Consulting Case Study: Portfolio Monitoring Pays Off Big-Time About 25 years ago, a credit manager I know saved his company from a seven-figure bad debt loss by monitoring the Internet on his biggest customers. request for substantially more credit, change in leadership, merger or acquisitions, etc.).

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Use Caution Extending Credit to Startup Companies

Your Virtual Credit Manager

Photo by Muhammad Daudy on Unsplash ) The problem with startup companies: there is a high probability they will fail , leaving you with a bad debt on your books. That’s why it is standard to ask on a credit applications the year in which the business was formed.

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7 Best Accounts Receivable (A/R) Automation Software Vendors

Gaviti

Credit monitoring and management. Automate the credit application process by allowing credit application submissions online to both existing and potential customers. This can be especially helpful in maximizing cash inflows and minimizing bad debt. Customized collections strategies.

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Key Advantages of Autonomous Finance in A/R Collections

Gaviti

Its credit application management module automates the entire credit management process, mitigating the risk of bad debt while also reducing the need for administration costs. Book a demo today to see how it works. The post Key Advantages of Autonomous Finance in A/R Collections appeared first on Gaviti.

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Best Practices for Managing Delinquent Accounts in Accounts Receivable

Gaviti

Delinquent accounts increase the amount of bad debt your company accumulates and its perceived risk for investors. Manage customer credit risk Maintain a clear credit history for each customer so that you can make informed credit decisions and minimize risk. Company valuation. Reduced liquidity.

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Are There Hidden Risks in Your AR Portfolio?

Your Virtual Credit Manager

About 25 years ago, a credit manager I know saved his company from a seven-figure bad debt loss by monitoring the Internet on his biggest customers. Ongoing Portfolio Monitoring was critical to turning up the customer intelligence that avoided a huge bad debt loss. A Case in Point.