Your Virtual Credit Manager

DECEMBER 31, 2024

Best Practices for Handling Customers that Put a Low Priority on Paying Your Company Collectors face various challenges when dealing with past due balances, particularly when customers prioritize payments based on their financial situation, economic conditions, and internal processes. via direct external communication with the customer.

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Collector Credit and Collections Bad Debt High-Risk Accounts 130

Your Virtual Credit Manager

APRIL 1, 2025

A high degree of transactional transparency across the entire Order to Cash Process (O2C), coupled with 360-degree visibility of customers and their life-cycles, is necessary to optimize accounts receivable (AR) performance. only benefits.

Credit and Collections 130

Credit and Collections Sales Tax Exemptions Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

JANUARY 17, 2023

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. It is important to keep in mind that trade credit — selling on terms in a B2B environment — is greatly affected by the transactional process.

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Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. The bottom line is, you can now pay monthly or yearly, only for the modules you need.

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AR Automation Collector Credit and Collections Bad Debt 130

SAP Credit Management

AUGUST 24, 2023

VKOA is the transaction code for FI-SD integration. If you access this TRANSACTION CODE, below screen will appear. During pricing, the system automatically determines which pricing procedure is valid for a business transaction. Allocate the G/L accounts for each access sequence. VKOA – Assign GL Accounts.

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billtrust

DECEMBER 20, 2022

Automation brings B2B opportunities for B2B transactions. Best practices and solutions for scaling cash application and to accelerate payments. Also, a recent study from Juniper Research has found the global transaction value of the B2B payments market will exceed $111 trillion in 2027. Share with your network: Mail.

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AR Automation Digital Lockbox Cash Applicator Collector 52

Your Virtual Credit Manager

MARCH 18, 2025

As companies strive to maintain healthy cash flows and strong customer relationships, the approach taken to collect outstanding debts and the skills employed can make or break your firm’s financial stability and the collector’s professional reputation. To be an effective collector requires being prepared.

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Collector Credit and Collections DSO Debt Collections 130