Your Virtual Credit Manager

MARCH 4, 2025

We often talk about the importance of having an efficient and effective collection process and how, from a process improvement perspective, collections automation provides substantial benefits. We don’t, however, want to minimize the importance of the credit side of the equation.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

JANUARY 30, 2024

The experts at Your Virtual Credit Manager are ready to help you improve cash flow and reduce AR risks during these challenging times. More About Purchasing Credit Reports Over time, insights gained from this approach can inform risk assessments for new accounts, which you can use to refine your credit risk parameters.

Credit and Collections 130

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

Your Virtual Credit Manager

DECEMBER 5, 2023

Share Differentiating Your Customers The two most important customer account characteristics that will foreshadow the Collection Strategy you should pursue are: The size of their AR balance Their credit risk profile As a rule, customers that owe you larger amounts of past due AR should receive more and earlier attention than customers who owe less.

Credit and Collections 130

Credit and Collections Third Party Collections Accounts Receivable (AR) Credit Risk 130

Your Virtual Credit Manager

JANUARY 3, 2023

Do not match unapplied credits with open deductions and debits unless there is documentation to relate them or you will be in violation of escheatment laws. Refresh the credit risk ratings and credit limits of customers that have not been updated within the past two years. Update your customer master file.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Emagia

FEBRUARY 21, 2025

With cutting-edge AI, predictive analytics, and seamless integrations, Emagia empowers organizations to optimize cash flow, reduce credit risks, and enhance financial operations. Its AI-driven analytics provide predictive insights, allowing businesses to optimize cash flow management and minimize overdue payments.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Credit and Collections Cash Forecasting 40

Emagia

JUNE 21, 2024

According to a Harvard Business Review study, 89% of large companies globally have initiated digital and AI transformations , yet they have only realized 31% of the expected revenue lift and 25% of anticipated cost savings across multiple domains, including credit management.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit Scoring 40

Gaviti

OCTOBER 10, 2024

Since automation improves speed and accuracy, it is far more effective at scaling than manual methods. A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. Credit Management and Monitoring.

Invoice to Cash 52

Invoice to Cash Credit and Collections Payment Portals DSO 52