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A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

If your enjoy this article and would like to get access to the full story, we hope you will subscribe Your Virtual Credit Manager is a reader-supported publication. To address these challenges, collectors should adopt a strategic, diplomatic approach to push your company to the front of your customers’ payment schedules.

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Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

Photo by Myriam Jessier on Unsplash ) Business decisions require actionable data, especially when credit and collections are involved. To continue reading and learn about the five pillars underlying effective AR management, you must be a paid subscriber. Your Virtual Credit Manager is a reader-supported publication.

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Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. More About Purchasing Credit Reports The Irregular Payer: Unpredictable and inconsistent payment patterns highlight this persona. Collectors should as well.

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Tackling Customers that Always Pay Late

Your Virtual Credit Manager

Since they are abusing your credit terms, why not require them to pay with a credit card when they place an order? Your collection cost will wholly or significantly offset the cost of the credit card transaction, and the time saved can be devoted to focusing your attention on higher-value customers.

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BCM Implementation

SAP Credit Management

Transaction code: XK03(ECC)/BP (S/4 HANA). Vendor Master displayed using ECC Transaction-XK03. Vendor Master displayed using Transaction-BP. Transaction Code: OBPM5). Transaction: F110). Payment run IDs that are reserved for BCM are put together in a collector identified by Merge ID.

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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Assign Collections to an Existing Employee : When doing this you need to consider if the person being assigned collection duties has the time and demeanor to be an effective collector. Buy Credit Reports But, On the Other Hand. Again, you need to also keep in mind the impact from putting other tasks on a back burner.

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DBA Cockpit for SAP ASE – New Screens and Enhancements

SAP Credit Management

transaction log dumps. The screen Dump History features a summary of the number of the failed as well as of the successful database and transaction dumps, a filter to get all dumps for a specific database and for a specific status. Figure 3: Screen Dump Overview. Figure 4: Screen Dump History. Figure 5: Error Information.

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