Your Virtual Credit Manager

FEBRUARY 4, 2025

In most companies, sales are given a strong priority over the risk of slow payments and bad debts regardless of gross margins and the resources the credit and collection function can provide to mitigate risk. There are invoice disputes. Customers default. Orders need to be quickly approved for open terms.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Invoice Disputes Bad Debt 130

Your Virtual Credit Manager

JANUARY 10, 2023

Photo by Patrick Hendry on Unsplash Although defaults resulting in significant bad debt losses are a rare event for trade creditors, much of the focus of AR Management is on credit risk. While the impact of defaults can be severe, late payments are very common though their impact less visible.

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Default 130

Emagia

MARCH 3, 2025

Financial Stability : Reducing outstanding receivables minimizes bad debts and improves financial health. A structured dispute resolution process minimizes delays in payment collection. Late payments, invoice disputes, high DSO, and inefficient manual processes are common challenges.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40