Your Virtual Credit Manager

JANUARY 7, 2025

While multiple factors can contribute to an organization's financial downfall, insufficient cash flow is typically the primary trigger for bankruptcy proceedings. Electronic Invoice Presentment and Payments (EIPP) solutions also have an outsized impact, especially when they include collection workflow features.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR) 130

Due

JANUARY 3, 2023

Consult the credit bureau(s) if you see a suspicious business name or are confused about why a specific company checked your credit. You may also see negative information on your credit report based on information reported in public records. Examples include: Bankruptcies. Bankruptcy records filed in federal districts.

Credit Scoring 119

Credit Scoring Bankruptcy Credit and Collections Credit Reporting Agencies 119

tillful

FEBRUARY 28, 2023

Like most business credit scores, the SBSS helps lenders and service providers understand the level of credit risk that businesses present. However, unlike most, FICO pulls financial data from the other major credit bureaus—collecting both personal and business credit history data under their business credit score.

Credit Scoring 98

Credit Scoring Credit and Collections Small Businesses Bankruptcy 98

Gaviti

DECEMBER 6, 2023

This third party can be responsible for reports such as aging reports, scheduling payment reminders, tracking and collecting overdue invoices, and identifying high-risk customers to avoid extending more credit than they can realistically take on. These modules include: Credit Management and Monitoring. Cash Application.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Cash Applicator 52

Fundera

NOVEMBER 3, 2018

As high-profile retail outlets, like Sears, declare bankruptcy , and others like Lord & Taylor close their flagship stores , it’s becoming increasingly clear that ecommerce is the way forward for retail businesses. In fact, one recent study from Shopify shows that revenues from ecommerce sales are projected to reach $4.5

Bankruptcy 45

Bankruptcy Credit Application 45

Trade Credit & Liquidity Management

APRIL 16, 2025

Credit and collection performance gains don’t occur without attention to People, Process and Technology, and that requires planning. Photo by Claire Nakkachi on Unsplash ) There is no time like the present to plan actions and strategies to drive improvement. You can start by using the following checklist as a guide.

Supply Chain Risk Assessment 52

Supply Chain Risk Assessment Credit and Collections Bulk Transfer Cash Forecasting 52