Bad Debt High-Risk Accounts Presentation 
Your Virtual Credit Manager
NOVEMBER 14, 2023
Credit industry groups discuss the payment history of common customers, but they always have an independent moderator present so that customer discussion do not veer off onto the topic of how individual companies plan on selling those same customers in the future. The increased risk of a significant bad debt loss that your firm bears.
Your Virtual Credit Manager
APRIL 11, 2023
That all the above consequences can present themselves simultaneously, only makes the downside worse. Poor Credit Controls: Poor credit control practices can result in providing goods or services to high-risk accounts that are likely to pay beyond terms or even default on payments. Here’s more on Credit Checks.
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Emagia
JANUARY 2, 2025
In this blog, we will explore the crucial role AI plays in accounts receivable, how it can benefit businesses, and the challenges it presents. What is Accounts Receivable? Accounts receivable refers to the outstanding money owed by customers to a business for goods or services provided.
Your Virtual Credit Manager
SEPTEMBER 17, 2024
Photo by Willian Cittadin on Unsplash ) Neglecting collections can also lead to longer payment cycles, strained client relationships, and an increase in bad debt. This delay in cash inflows can create a vicious cycle, where a lack of working capital stalls the business’s ability to function efficiently.
Bectran
MARCH 5, 2025
The accumulation of bad debt is a massive hindrance for businesses that rely on consistent cash flow in their accounts receivable. Piling bad debt reduces your companys expected revenue and limits your ability to reinvest liquidity into business operations. The Bad Debt Spiral.
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