Bad Debt, Order to Cash and Transactions - Credit Management Source

A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

DECEMBER 31, 2024

Share Don’t Let Your Company Become an Easy Target for Commercial Credit Frauds The increasing pace of B2B fraud underscores the importance of not only assessing a customer’s financial stability but also implementing practices to mitigate fraudulent transactions. via direct external communication with the customer.

Collector

Collector Credit and Collections Bad Debt High-Risk Accounts

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. 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 Invoice Amount

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 Bad Debt B2B Credit DSO

Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

JANUARY 17, 2023

It is important to keep in mind that trade credit — selling on terms in a B2B environment — is greatly affected by the transactional process. it just might help them pay you sooner! When changing the commission structure represents a major change for the Salesforce, a graduated approach over one or two quarters is recommended.

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) Bad Debt Days Sales Outstanding Credit and Collections

AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. 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.

AR Automation

AR Automation Collector Credit and Collections Bad Debt

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

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. AIs ability to scale quickly also means that businesses can handle growing transaction volumes without increasing costs.

Accounts Receivable (AR)

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

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)

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

TreviPay

OCTOBER 2, 2024

By utilizing the benefits that trade credit insurance provides, the partnership will enable companies to secure transactions and grow with confidence. TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure.

Bad Debt

Bad Debt Credit and Collections DSO Transactions

8 Essential Features To Have in a Cash Application Software

Gaviti

MARCH 6, 2023

They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. What Is a Cash Application? A cash application is a type of software that helps businesses manage money. After all, you could switch banks at any time.

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. Your teams can securely review transaction information and perform needed actions on the spot.

Credit and Collections

Credit and Collections Automated Cash Application Cash Applicator Bad Debt

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

Emagia

FEBRUARY 5, 2023

Enterprises that have large number of customers across regions and huge volume of invoices can manage cash application quickly and efficiently only with automated AR solutions. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

AR Automation

AR Automation Days Sales Outstanding DSO Credit and Collections

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. And to scale faster as transaction volumes increase due to M&A activity.

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. And to scale faster as transaction volumes increase due to M&A activity.

Credit and Collections

Credit and Collections Bad Debt Default Credit Risk

Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

SEPTEMBER 13, 2022

If not approved, there should be an attempt to collect the disputed amount to avoid diluting profits, and if not collected, the deduction should be cleared by a bad debt write-off. Trade promotions are often taken as deductions, but are better managed as separate transactions. Well, it’s not.

Deductions

Deductions Credit and Collections DSO Accounts Receivable (AR)

Are Cracks in Your Order-to-Cash Process Hurting Your Company?

Your Virtual Credit Manager

JANUARY 21, 2025

Large swaths of the order-to-cash (O2C) process involve credit and collection activities. Broadly defined, the credit’s contributions involve approving new customers for open terms and new orders at the front end of the O2C cycle. Delaying collection activity guarantees reductions in cash flow and even bad debt losses.

Order to Cash

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

The Case for Outsourcing Collections

Your Virtual Credit Manager

DECEMBER 24, 2024

A key difference (besides volume of transactions) is the lack of labor specialization. The only time AR comes to the forefront is when there is economic turmoil and an increased risk of bad debt losses. Bad debt risk controlled according to your risk appetite.

Credit and Collections

Credit and Collections Collector Bad Debt Accounts Receivable (AR)

Comprehensive Guide to Accounts Receivable Duties and Job Descriptions

Emagia

DECEMBER 30, 2024

Efficient management of accounts receivable ensures steady cash flow and minimizes the risk of bad debts. Performing day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data. Preparing bills, invoices, and bank deposits.

Days Sales Outstanding

Days Sales Outstanding DSO Credit and Collections Bad Debt

Credit Management Source

A Focus on Collections & Credit Fraud

Are Your Collection Efforts Myopic?

Trending Sources

Eight Signs a Customer Is Becoming a Problem Debtor

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

AR Data Management, AR Automation, & Accelerating Cash Flow

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

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

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

Is Your O2C Process Optimized for Superior AR Performance?

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

8 Essential Features To Have in a Cash Application Software

Case Study – European Electronics Retailer

Industry: Utilities

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

Industry: Media and Entertainment

Industry: Media and entertainment

Are Your Profits Going Up in Smoke?

Are Cracks in Your Order-to-Cash Process Hurting Your Company?

The Case for Outsourcing Collections

Comprehensive Guide to Accounts Receivable Duties and Job Descriptions

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