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Are Your Credit & Collection Policies Aligned with Company Goals?

Your Virtual Credit Manager

There are invoice disputes. However, cash sales are always an option, and even when a company’s bankruptcy is imminent, there are sometimes still ways to mitigate the risk and make the sale. Orders need to be quickly approved for open terms.

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What Triggers Your Collection Efforts?

Your Virtual Credit Manager

In contrast, legitimate disputes and payment deductions are typically indicative of a discrepancy between your invoice and the customer’s purchase order, which can be easily reconciled. Collection Activity: Request detailed explanations for invoice disputes and require supporting documentation to substantiate the claims.