Onguard

OCTOBER 19, 2023

Credit management has undergone a significant transformation in recent years. Whereas credit management was previously seen as the back office’s grab-can, today it is an essential part of an organisation’s financial strategy. But data-driven working within credit management is not easy to achieve.

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Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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Credit Risk Default Credit Management Credit and Collections 52

Onguard

OCTOBER 31, 2023

Credit management, a term often associated with the finance department, turns out to be a dynamic process involving several departments within an organisation. Let’s face it, manual credit checks and invoice processing can be time-consuming and error-prone. Think sales, marketing, customer success and IT.

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Credit Management Days Sales Outstanding Credit and Collections DSO 52

Onguard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. We explain that in the blog below. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey.

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Credit Management DSO Credit and Collections Order to Cash 52

Credit Management Group UK

APRIL 26, 2023

What should be considered when writing effective collection emails ? If you accept credit/ debit card payments, inform them of this in the email with clear instruction on what to do in order to pay by this method. Download our Collection Strategy toolkit for your full guide to collecting payment effectively from your customers.

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Credit and Collections Credit Management 99

Onguard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

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Credit Management DSO Credit and Collections 52

Onguard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

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Credit Management Credit and Collections Invoice Amount DSO 52

aptic

JANUARY 17, 2022

In fact, an Aptic survey* on the state of credit management has revealed that 29% of companies are dealing with more late or unpaid invoices during the pandemic. To limit the impact, many are intensively reworking their credit management procedures. In this blog post, we’ll take a closer look at the research.

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Credit Management Credit and Collections Debt Collections Bankruptcy 52

JSP Credit Management

MAY 26, 2022

We sometimes reference famous names when writing our blogs, such as Karl Marx, and other notable scholars who might have contributed to our way of thinking and perhaps our approach to our work too. We’ve written about the current insolvency statistics affecting companies struggling for cash in earlier blogs.

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Credit Management Credit and Collections Bad Debt Credit Risk 52

Onguard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. We explain that in the blog below. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. .

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Credit Management DSO Credit and Collections Order to Cash 52

Onguard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

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Credit Management DSO Credit and Collections 40

Eastern Credit Management Services

JULY 21, 2023

As a trusted Canadian Debt Collection Agency, Eastern Credit Management Services (ECMS) understands the importance of streamlining debt collection processes to maintain strong client relationships and achieve optimal results. To streamline your debt collection process, embrace a multi-channel communication approach.

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Debt Collections Credit and Collections High-Risk Accounts Credit Management 52

Eastern Credit Management Services

FEBRUARY 2, 2024

In the dynamic landscape of debt collection, where regulations evolve, debtor behaviors change, and technology advances, staying ahead of the curve is crucial for success. In this blog post, we’ll explore the significance of these seminars and how they contribute to the success of individuals and organizations in the field.

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Collector Debt Collections Credit and Collections Credit Management 52

SAP Credit Management

JULY 28, 2023

This blog provides a comprehensive collection of APIs for Journal Entries. Whether you are using SAP S/4HANA Cloud or SAP S/4HANA, this blog will equip you with all the necessary resources to effectively utilize and troubleshoot our API.

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SAP Credit Management

AUGUST 1, 2023

If you’re just tuning in, in our first blog post , we ventured into the labyrinth of ChatGPT, exploring its inner workings and probabilistic AI model, and even delved into its inherent limitations. Our next blog post in this series will guide you through the riveting domain of data cleansing and visualization.

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Process Mining 162

SAP Credit Management

JANUARY 6, 2023

Based on the collected information do some exercise in SAP HANA, express edition environment. But the knowledge is fragmented (Help Portal, Blog post, SAP KBA, SAP Note, other). What blog posts can be helpful? Create a centralized, single source of the available (and most important) information regarding SAP HANA partitioning.

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SAP Credit Management

FEBRUARY 10, 2023

In this blog post, you can find the latest collection of new capabilities in SAP S/4HANA Cloud, public edition, and SAP S/4HANA Cloud, private edition, in the area of Environment, Health, and Safety (EHS). Thanks for reading this blog post. Stay tuned!

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Eastern Credit Management Services

DECEMBER 4, 2023

In the intricate world of debt recovery, success is not just measured by dollars collected but also by the relationships built along the way. At Eastern Credit Management Services, based in the heart of Atlantic Canada, we understand that communication, choice, and control are the pillars of a successful collections strategy.

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Credit and Collections Credit Management Transactions 52

Eastern Credit Management Services

OCTOBER 3, 2023

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Resource Efficiency: Outsourcing debt collection saves your company time, manpower, and resources.

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Debt Collections Third Party Collections Collector Credit and Collections 52

Eastern Credit Management Services

JANUARY 12, 2024

In an era defined by rapid technological advancements, industries across the board are undergoing transformative changes, and debt collection is no exception even in Atlantic Canada. Artificial Intelligence (AI) Takes Center Stage Artificial Intelligence (AI) is emerging as a game-changer in many industries including debt collection.

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Debt Collections Credit and Collections Credit Management 52

Eastern Credit Management Services

AUGUST 15, 2023

In the ever-evolving landscape of finance and commerce, economic factors play a pivotal role in shaping various industries, including debt collection. As a leading Canadian debt collection agency, Eastern Credit Management Services understands the intricate relationship between economic conditions and the process of debt recovery.

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Debt Collections Credit and Collections Payment Portals Credit Management 52

JSP Credit Management

FEBRUARY 21, 2022

As JSP Credit Management fast approaches its 1st birthday, some time reflecting on content we have written over the last 10 months led us to recall our blog from 9th July 2021 titled , Growing Pains. Investment in credit management can cost a great deal, granted. So, lets address one of them issues right now!

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Credit Management Credit and Collections Debt Collections Default 52

Hilton Baird

AUGUST 14, 2023

This blog shares valuable tips, insights and strategies to help you to secure more timely payments from your customers. The post How to get paid on time: Tips from a debt collection agency appeared first on Hilton-Baird Collection Services.

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Debt Collections Credit Management 97

Eastern Credit Management Services

FEBRUARY 28, 2020

The last few years have seen the rise of companies promoting easy consumer access to your credit score. It’s only recently that the average consumer can have quick access to their personal credit data, something once limited to financial institutions. In this blog, we are going to answer a few questions on just that.

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Credit and Collections Credit Scoring Credit Reporting Agencies Credit Management 52

SAP Credit Management

AUGUST 29, 2023

The same data shows that LOB managers are 4.5x more likely to drive successful EX transformation than division leads or the C-suite. More than 80% of organizations now understand the value of and embrace concepts in EX transformation.

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SAP Credit Management

JANUARY 16, 2023

There is huge knowledge available about SAP HANA reclaim / shrink / defragmentation topic, but the knowledge is very fragmented (Help Portal, Blog post, SAP KBA, SAP Note, other). 2388483 – How-To: Data Management for Technical Tables. 2718597 – Collection solutions for some big growth tables relevant to HANA DB.

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JSP Credit Management

MARCH 16, 2022

Some recent experiences at a couple of those events have inspired us to write this blog. It does not necessarily mean that debt collection and debt factoring are mutually exclusive. So, we think it is no wonder, that others with less of an involvement in the sector get confused between debt collection and debt factoring.

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Debt Collections Credit and Collections Collector Credit Management 52

The Red Spectrum

MAY 18, 2023

When it comes to managing your finances and building a healthy credit history, understanding how credit card payments affect your credit reports is essential. What Are Credit Bureaus? Before diving into the details, let’s first understand what credit bureaus are.

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Credit Card Payments Credit Scoring Credit Reporting Agencies Credit and Collections 91

Eastern Credit Management Services

JUNE 13, 2023

Managing consumer and commercial debts can be a challenging aspect of running a business, but understanding the debt collection process is essential for maintaining a healthy cash flow. Assessing Your Debt: The first step in the consumer & commercial debt collection process is to assess the outstanding debt within your business.

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Debt Collections Credit and Collections Credit Management 52

SAP Credit Management

JANUARY 25, 2023

This blog, authored by Lisa Rowan, VP of Modern HR Strategies at IDC, discusses the concept of resilience and how it has evolved from a focus on physical health, to include other areas of employees’ lives, most notably financial health.

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Credit and Collections 113

Eastern Credit Management Services

JUNE 13, 2023

In the challenging world of debt recovery, writing effective collection letters and demand notices is a paramount skill that can significantly impact your chances of successful debt resolution. Outline Consequences of Non-Payment: Clearly outline the consequences of continued non-payment in your collection letters and demand notices.

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Credit and Collections Debt Collections Credit Management Transactions 52

JSP Credit Management

JANUARY 10, 2022

This blog below is going to explore that change in more detail, and more specifically how it has affected the commercial debt collection industry. We suspect that some readers of this blog will be reading this thinking that not much has changed in that regard. It was not innovative.

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Debt Collections Collector Credit and Collections Credit Management 52

JSP Credit Management

FEBRUARY 3, 2022

As a leader in business to business debt collection services, we’ve been asked to share our insights into the size and scope of the b2b debt collection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.

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Debt Collections Collector Credit and Collections Credit Risk 52

Cpcmcredit Blog

MARCH 5, 2024

Credit Control is one of those tasks (like sales or marketing) that everyone seems to think they can do but in fact very few can. In a previous life, I was a credit manager at a number of companies and I did plenty of hiring and training. Ive seen this and its madness And you can’t cut corners with credit control.

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Credit and Collections Credit Management 52

TreviPay

SEPTEMBER 18, 2024

In today’s fast-paced and unpredictable business environment, managing cash flow and ensuring timely payments from customers are critical for long-term success. Trade credit insurance has become a vital tool for businesses looking to protect themselves from the risk of non-payment by customers. What Is Trade Credit Insurance?

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Bad Debt Default Credit and Collections Export Credit 52

Credit Management Group UK

AUGUST 7, 2024

It is a wide spread misconception that credit management is solely based around the collection of overdue invoices, when in fact the scope of effective credit management encompasses the entire process from order to payment. View our blog on how to gain acceptance of your T&Cs to find out more.

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Order to Cash Credit and Collections Credit Management Credit Application 69