Remove Bankruptcy Remove Credit Risk Remove Transactions
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5 Must-have Digital Technologies in Your Business Credit Risk Management Platform

Emagia

Enterprises digitally transform their credit risk management processes to manage and navigate volatile market conditions, new regulatory pressures, increasing customer expectations, and other credit risks related to customers and vendors. Securities and Exchange Commission (SEC), Bankruptcy filings, among other things.

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Using Collateral to Make the Sale

Your Virtual Credit Manager

Growth is down, interest rates continue rising, small businesses are facing a credit crunch, commercial bankruptcies are skyrocketing and experts see an emerging threat: Washington Post: U.S. A critical part of this exercise involves identifying active and new customers posing high, or even just marginal, credit risks.

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

Your Virtual Credit Manager

While bankruptcy filings have not increased substantially in the past year, they have begun to tick up and it is widely anticipated that filing will continue to increase as pandemic relief is finally spent, revenues decrease due to a faltering economy, and costs increase due to inflation and rising interest rates.

Bad Debt 130
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Do Your Customers Deserve Credit?

Your Virtual Credit Manager

A business with a strong credit history is more likely to be considered creditworthy than one with a weaker credit history. A business's credit history also includes any past bankruptcies or defaults, as well as collection agency placements. Email YVCM About Consulting And Credit Scores.

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Complete Guide To Credit Control For Business

Know-It Global

This guide provides a comprehensive overview of credit control practices and strategies that your business can implement to mitigate credit risk, reduce debtor days and boost cashflow! Setting Up Credit Control Processes 1.1 Get a free business credit report! Get My Free Business Credit Report 1.3

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Customer Stops Paying; Now What?

Your Virtual Credit Manager

Commercial bankruptcies have been trending upward for most of this year, so it is likely some of your customers are in a downward spiral, if it has not yet shown up in their payment pattern. Recognizing that a customer is in distress putting your receivables at risk is the first step in ameliorating the situation.

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Online Credit Reports & How They Are Tracking Everything You Do

Due

There are a number of elements that make up your credit report, including personal information, your credit account history , and your credit inquiries. Credit bureaus receive this information from your lenders and creditors. FICO® Scores are used to determine whether you are a good credit risk for future lenders.