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A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

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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Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

Visibility into the characteristics of each account coupled with transactional transparency allows a supplier to better do business with each account and build the relationship. Collectors should as well. No matter your automation sophistication, there are benefits from grouping customers into categories.

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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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Tackling Customers that Always Pay Late

Your Virtual Credit Manager

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. Your customers won’t even know they are dealing with a collection agency but rather just one of your company’s collectors.

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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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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. 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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FI – SD Integration – VKOA – Understanding Flow – SAP S/4HANA

SAP Credit Management

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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