Bad Debt and Order to Cash - Credit Management Source

Are Your Credit & Collection Policies Aligned with Company Goals?

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. The resulting cash flow stress can cause a company to fail.

Credit and Collections

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

Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

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.

Days Sales Outstanding

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR)

Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

APRIL 1, 2025

A high degree of transactional transparency across the entire Order to Cash Process (O2C), coupled with 360-degree visibility of customers and their life-cycles, is necessary to optimize accounts receivable (AR) performance. What if that information isn’t in one place? The credit exposure you have with every customer.

Credit and Collections

Credit and Collections Sales Tax Exemptions Accounts Receivable (AR) Collector

Eight Signs a Customer Is Becoming a Problem Debtor

Your Virtual Credit Manager

MAY 23, 2023

Any subsequent collection expenses and bad debt write-offs are more easily recouped through additional sales than if your gross margins are low. Problematic customers, or debtors if you will, are much less profitable and more likely to cause a bad debt loss. The issue with problematic customers is profit dilution.

Bad Debt

Bad Debt Credit and Collections Deductions Credit Risk

A Focus on Collections & Credit Fraud

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.

Collector

Collector Credit and Collections Bad Debt High-Risk Accounts

Avoid these Six Collection Myths

Your Virtual Credit Manager

MARCH 14, 2023

A large percentage of past due invoices are caused by up-stream problems in the order-to-cash process. You also need to be requesting payment from any customer that has placed a new order and is past due beyond a small grace period. For more on collection efficiency, check out this article.

Collector

Collector Past Due Invoices Bad Debt Credit and Collections

Credit Cards – Reducing the Cost of Acceptance – You hold the keys to success

Credit Research Foundation

APRIL 12, 2024

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. In many cases the customers will choose the option that provides them with the greatest value, and when offered, gives the supplier a competitive advantage against its competition.

Credit Card Companies

Credit Card Companies B2B Credit Bad Debt DSO

Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

JANUARY 17, 2023

By aligning sales with the goal of your order-to-cash process — to be paid in full — you eliminate many of the problems that would otherwise be handled by the collections staff. it just might help them pay you sooner!

Credit and Collections

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices

Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR)

Accounts Receivable (AR) Days Sales Outstanding Bad Debt Credit and Collections

Are You In Control of Your Receivables?

Your Virtual Credit Manager

OCTOBER 17, 2023

Not being paid in full or in part causes a bad debt loss. The first step is to estimate how much bad debt loss you can absorb as a percentage of sales in a year. Conversely, if the profit margin is low, bad debt losses will have a much greater impact, and credit controls will have to be tighter.

Bad Debt

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR)

How CFOs Can Benefit from Emagia Autonomous Finance Platform for Accounts Receivable Automation

Emagia

DECEMBER 3, 2024

Emagia is a leading provider of Autonomous Finance Solutions, designed to revolutionize and modernize the way enterprise finance teams operate, particularly in the Order-to-Cash (O2C) cycle. Reduces DSO, minimizes bad debt and write-offs with advanced credit risk and deductions management tools.

DSO

DSO Credit and Collections Bad Debt Payment Portals

How CFOs can Tie Digital Order-to-Cash Initiatives to Enterprise-wide Strategy

Emagia

JANUARY 30, 2023

Order-to-Cash (OTC or O2C) is arguably one of the business processes most CFOs have a keen eye on, as it affects the three strategic goals of an enterprise, viz., topline, bottom line, and cash flow. Cash Application: Payments collected must be applied against the proper invoice of the relevant customer.

Order to Cash

Order to Cash Bad Debt Third Party Collections Credit and Collections

AR Data Management, AR Automation, & Accelerating Cash Flow

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.

AR Automation

AR Automation Collector Credit and Collections Bad Debt

Get Ready for a Wave of Commercial Bankruptcies

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. Go to this link to read about order approval best practices. Obtain Quotes on Credit Insurance.

Bankruptcy

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR)

Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO

DSO Credit and Collections Bad Debt Collection Effectiveness Index

Should You Outsource AR Management?

Your Virtual Credit Manager

APRIL 18, 2023

Subscribe now An Overview of the AR Functions that Can Be Outsourced One option is to outsource all AR responsibilities in support of the order-to-cash (O2C) process: from billing to credit and collections to remittance processing. to minimize the chance of bad debt loss. Then you have a cost/benefit comparison.

Bad Debt

Bad Debt Credit and Collections Third Party Collections Accounts Receivable (AR)

11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

JUNE 25, 2024

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up.

Bad Debt

Bad Debt Credit and Collections DSO Days Sales Outstanding

How Healthy Is Your Accounts Receivable?

Your Virtual Credit Manager

FEBRUARY 21, 2023

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

DSO

DSO Credit and Collections Collection Effectiveness Index Bad Debt

Is Your AR Management up to the Task?

Your Virtual Credit Manager

APRIL 11, 2023

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Late or inconsistent follow-up on overdue accounts leads to longer payment cycles and increased bad debt write-offs. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it.

Bad Debt

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding

Are Early Payment Discounts a Good Idea in Today’s Economy?

Your Virtual Credit Manager

FEBRUARY 28, 2023

The reduction in revenue and margin, while painful, will be a smaller price to pay than a large drop in incoming cash and the higher risk of a larger, damaging, bad debt. Offering Prompt Payment Discounts to customers can significantly advance your cash inflow from AR and reduce overall exposure to bad debt loss.

Bad Debt

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy

Struggling to get paid? Try our live online training

Credit Management Group UK

FEBRUARY 1, 2023

Enquire Now Order to Cash Process £99 per person Running W/c 27th March W/c 26th June W/c 25th September Start time will be 10am To upskill delegates on the commercial aspects of running a business and the ‘Order to Cash’ process to improve their cash flow and reduce risk of bad debt.

Bad Debt

Bad Debt Credit and Collections Order to Cash Credit Management

Is Your AR Generating All the Cash Flow It Should?

Your Virtual Credit Manager

SEPTEMBER 12, 2023

When unobserved risks build up in your AR, the impact will be slower payments and defaults leading to bad debts. Age of the receivable is secondary because you want to collect as much as possible as soon as possible as well as minimize bad debts. More About Purchasing Credit Reports 4.

Credit and Collections

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions

Optimizing Cash Flow Through Strategic Management of Accounts Receivable (AR) and Accounts Payable (AP)

Emagia

DECEMBER 23, 2024

Strategies for Optimizing AR and AP to Enhance Cash Flow Implement Clear Credit Policies: Establishing well-defined credit policies helps in assessing customer creditworthiness, setting appropriate credit limits, and reducing the risk of bad debts.

Accounts Receivable (AR)

Accounts Receivable (AR) Credit and Collections Bad Debt Order to Cash

What is the Role of AI in Accounts Receivable (AR)?

Emagia

JANUARY 2, 2025

It represents a crucial part of a companys cash flow management. Efficient AR management ensures that payments are collected on time, improving the companys liquidity and reducing the risk of bad debts. These tasks are often time-consuming, prone to errors, and require constant human intervention.

Accounts Receivable (AR)

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application

Six Strategies for your Business’ Collection Procedures

Credit Management Group UK

FEBRUARY 25, 2024

Whilst this figure is slowly reducing, arguably as the issue has garnered a massive amount of press over the last few years, businesses should have strong collection procedures in place to ensure that their risk to bad debt is kept to a minimum.

Bad Debt

Bad Debt Credit and Collections Order to Cash Credit Management

Avoid Falling Into These 7 AR Management Traps

Your Virtual Credit Manager

FEBRUARY 6, 2024

After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. Set a limit on the pool, incentivizing the sales department to ensure timely payments from these risky accounts in order to create room for additional sales.

Credit and Collections

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk

Order Approval Isn't a Mindless Formality

Your Virtual Credit Manager

MARCH 7, 2023

Fulfilling a customer’s order according to customer expectations of quality and timeliness of delivery, then invoicing it promptly and accurately is critical to unimpeded cash flow and minimizing bad debt and collection costs. They are outlined below as they relate to the three primary steps in approving an order.

Credit and Collections

Credit and Collections Order to Cash Bad Debt Credit Management

What Software is Used for Accounts Receivable?

Emagia

FEBRUARY 20, 2025

When it comes to the best accounts receivable software, Emagia stands out as a premier AI-driven platform designed to transform and automate the entire order-to-cash cycle. Reduced Bad Debt Helps identify at-risk accounts early and take preventive measures. How Emagia Enhances AR Operations?

AR Automation

AR Automation Bad Debt DSO Days Sales Outstanding

Is Your O2C Process Optimized for Superior AR Performance?

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections

Credit and Collections DSO Deductions Accounts Receivable (AR)

Redefining B2B Payments: TreviPay’s Vision for a Frictionless Future

TreviPay

FEBRUARY 17, 2025

This bold vision inspires us to create innovative solutions that free businesses from the traditional complexities of the Order-to-Cash (O2C) process. Its a process that demands significant time and resources, from evaluating a prospects creditworthiness to creating and sending invoices, managing collections and dealing with bad debt.

Bad Debt

Bad Debt Days Sales Outstanding DSO Order to Cash

Resolve to Be More Proactive in 2024

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. Share Streamlining Processes and Workflows Another area where being proactive can reduce downstream issues involves your order-to-cash (O2C) process and the tasks associated with it.

Credit and Collections

Credit and Collections AR Aging Accounts Receivable (AR) Deductions

A Guide to Dispute Resolution in Business

Credit Management Group UK

FEBRUARY 18, 2024

Having a dispute resolution system in place can mean the difference between getting paid on time and getting paid paid, which will ultimately have knock on effects to your cash flow, debtor days and could increase your risk to bad debt.

Bad Debt

Bad Debt Credit and Collections Order to Cash Credit Management

How can you enhance your business’ credit management function?

Credit Management Group UK

JULY 23, 2024

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. Measure disputes Disputed invoices will mean delays in payment and having multiple disputed invoices will have a significant impact on your business’ cash flow.

Credit Management

Credit Management Invoice Disputes Bad Debt Credit and Collections

TreviPay and Allianz Trade Announce Strategic Partnership to Enhance B2B Risk Management and Underwriting Solutions

TreviPay

OCTOBER 2, 2024

TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place.

Bad Debt

Bad Debt Credit and Collections DSO Transactions

The March Financial Excellence: Navigating the Shift from Automated to Autonomous Finance

Emagia

NOVEMBER 28, 2023

Deciding whether to pursue automation or autonomy requires strategic planning.Emagia’s autonomous Enterprise autonomous Enterprise A/R Management platform exemplifies this shift, leveraging Automation, Analytics, and AI to optimize the Order-to-Cash process.

Accounts Receivable (AR)

Accounts Receivable (AR) Bad Debt Order to Cash

5 Ways AI & Generative AI (GenAI) Can Enhance the Invoice-to-Cash Process

Emagia

SEPTEMBER 23, 2024

Effective cash management is critical for organizations to meet financial obligations and invest in growth. A streamlined invoice-to-cash (I2C) process—an integral part of the broader order-to-cash (O2C) cycle—significantly impacts an organization’s ability to manage cash flow.

Invoice to Cash

Invoice to Cash Order to Cash Credit and Collections Bad Debt

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

Gaviti

JULY 11, 2024

It focuses on tangible business outcomes, such as reducing bad debt and improving DSO with a single platform for all of your financial needs, including order-to-cash, treasury, payments and accounting. This can be especially helpful in maximizing cash inflows and minimizing bad debt.

DSO

DSO AR Automation Credit and Collections Bad Debt

What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

Emagia

FEBRUARY 5, 2023

Businesses need quick order to cash conversion that is supported by an efficient account receivable processes. Our next-generation intelligent Enterprise Receivables Management System (ERMS) uses the “3A trifecta” of Automation, Analytics, and AI to drive efficiency across the Order-to-Cash (O2C) process.

AR Automation

AR Automation Days Sales Outstanding DSO Credit and Collections

8 Essential Features To Have in a Cash Application Software

Gaviti

MARCH 6, 2023

A cash application is a type of software that helps businesses manage money. It streamlines the order-to-cash cycle so that businesses can make operations more effective. Additionally, cash applications are only one of many ways to use tech to improve your cash conversion ratio.

Cash Applicator

Cash Applicator Order to Cash Cash Forecasting Bad Debt

Case Study – European Electronics Retailer

TreviPay

APRIL 11, 2023

TreviPay’s scalability and business process outsourcing enabled the client to optimize and reallocate their human capital from the order-to-cash process flow in a cost-effective manner. This would require investment in the design, technology and deployment of such a solution.

DSO

DSO Bad Debt Credit and Collections Order to Cash

Industry: Utilities

Serrala

MARCH 14, 2024

Helping you to put an end to bad debt and write-offs, eliminate errors, and provide you and your customers with the transparency and experience that helps reduce churn and improve your position. Read more Stay secure and compliant safeguard your business against legal, data, cyber, and financial risk with minimal overhead.

Credit and Collections

Credit and Collections Automated Cash Application Cash Applicator Bad Debt

Industry: Media and Entertainment

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Making it easy to evaluate all customer debtors, creditors, and insurance limits.

Credit and Collections

Credit and Collections Bad Debt Default Credit Risk

Industry: Media and entertainment

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Making it easy to evaluate all customer debtors, creditors, and insurance limits.

Credit and Collections

Credit and Collections Bad Debt Default Credit Risk

Why is B2B Credit Automation Critical in The Digital Era?

Emagia

FEBRUARY 2, 2024

Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements.

B2B Credit

B2B Credit Credit and Collections Credit Application Credit Management

Are Your Credit & Collection Policies Aligned with Company Goals?

Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Trending Sources

Are Your Collection Efforts Myopic?

Eight Signs a Customer Is Becoming a Problem Debtor

A Focus on Collections & Credit Fraud

Avoid these Six Collection Myths

Credit Cards – Reducing the Cost of Acceptance – You hold the keys to success

Sales Commissions Impact the Collection Process

Misalignment Between Credit and Sales Spells Trouble

Are You In Control of Your Receivables?

How CFOs Can Benefit from Emagia Autonomous Finance Platform for Accounts Receivable Automation

How CFOs can Tie Digital Order-to-Cash Initiatives to Enterprise-wide Strategy

AR Data Management, AR Automation, & Accelerating Cash Flow

Get Ready for a Wave of Commercial Bankruptcies

Evidence It's Time to Adjust Your Collection Practices

Should You Outsource AR Management?

11 Signs Your AR Portfolio May Be at Risk

How Healthy Is Your Accounts Receivable?

Is Your AR Management up to the Task?

Are Early Payment Discounts a Good Idea in Today’s Economy?

Struggling to get paid? Try our live online training

Is Your AR Generating All the Cash Flow It Should?

Optimizing Cash Flow Through Strategic Management of Accounts Receivable (AR) and Accounts Payable (AP)

What is the Role of AI in Accounts Receivable (AR)?

Six Strategies for your Business’ Collection Procedures

Avoid Falling Into These 7 AR Management Traps

Order Approval Isn't a Mindless Formality

What Software is Used for Accounts Receivable?

Is Your O2C Process Optimized for Superior AR Performance?

Redefining B2B Payments: TreviPay’s Vision for a Frictionless Future

Resolve to Be More Proactive in 2024

A Guide to Dispute Resolution in Business

How can you enhance your business’ credit management function?

TreviPay and Allianz Trade Announce Strategic Partnership to Enhance B2B Risk Management and Underwriting Solutions

The March Financial Excellence: Navigating the Shift from Automated to Autonomous Finance

5 Ways AI & Generative AI (GenAI) Can Enhance the Invoice-to-Cash Process

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

What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

8 Essential Features To Have in a Cash Application Software

Case Study – European Electronics Retailer

Industry: Utilities

Industry: Media and Entertainment

Industry: Media and entertainment

Why is B2B Credit Automation Critical in The Digital Era?

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