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

Learn More About YVCM Consulting The Traditional Approach to Automating Collections Automation introduced a structured approach to collection strategies, driven by trigger events such as days past due, missed payments, or non-responsiveness to communication. What do you need help with?

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

Top Accounts Receivable Automation Software Vendor: Emagia Emagia: The Leading AI-Powered Accounts Receivable Automation Software Emagia is a top-tier provider of AI-driven accounts receivable automation solutions, offering businesses a smarter and more efficient way to manage their order-to-cash cycle.

Accounts Receivable (AR) 40

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

Gaviti

OCTOBER 13, 2024

The Role of AI in the B2B Collections Process To address the challenges above, many businesses have turned to B2B collections automation, which automates collections , one of the main elements of A/R that is tedious and prone to manual error. Proactively identify credit risks.

Credit and Collections 59

Credit and Collections Automated Cash Application Bad Debt Invoice Amount 59

Emagia

JUNE 21, 2024

Seamless integration with third-party credit agencies for easy credit information collection. Automated credit score calculation based on customer history, behavior, and agency-sourced scores. AI-powered workflows that minimize time and errors in the credit application approval process.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit Scoring 40