Bad Debt Credit Application Order to Cash 
Your Virtual Credit Manager
JANUARY 7, 2025
Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Photo by Jonathan Wheeler on Unsplash ) The Consequences of Poor AR Performance First and foremost, poor AR performance impacts your cash flow, which causes financial strain and operational challenges.
Your Virtual Credit Manager
DECEMBER 31, 2024
Several prevalent fraud scenarios target the order-to-cash process, including: Email Compromise : Fraudsters hack emails to redirect payments or create fake orders. Due diligence on new customers and any unexpected orders that seem too good to be true is required to beat these schemes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Virtual Credit Manager
FEBRUARY 13, 2024
This prediction, although bold, is corroborated by the broader economic data, including escalating corporate bankruptcies, tightening loan standards by banks, and the surge in delinquent debt balances and consumer debt. You may also want to tighten your credit hold parameters at this time. Obtain Quotes on Credit Insurance.
Your Virtual Credit Manager
JANUARY 3, 2023
Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half. This included a 100 percent increase in past due collected.
Your Virtual Credit Manager
SEPTEMBER 12, 2023
Processing Delays There are several AR activities that often take longer than they should and therefore cause delays: processing credit applications, approving orders, generating invoices, and posting payments. Nothing is more frustrating to the sales team than an order from a new customer that sits waiting for approval.
Your Virtual Credit Manager
FEBRUARY 6, 2024
As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle.
Your Virtual Credit Manager
JANUARY 9, 2024
In contrast, profit driven enterprises often miss opportunities because they are too restrictive out of a fear of bad debt losses. A segmentation analysis will help you refine your credit policy guidelines and thereby improve the efficacy of your credit decisions. it just might help them pay you sooner!
Expert insights. Personalized for you.
130 
Let's personalize your content