Credit and Collections Credit Management Events 
Your Virtual Credit Manager
MARCH 19, 2024
If all your customers paid promptly — by the time the invoice was due — you would not need to do any collection work. Collections is a reactive process. The amount of collection activity with which you are tasked is directly proportional to your customers’ payment habits.
SAP Credit Management
JANUARY 29, 2023
Introduction This is the continuation of my previous blog , where I started with the concepts of event driven architecture and integrated event mesh with CAP project. In this blog (Part-2), we will create a REST API using SAP Integration suite and configure it as a consumer for consuming the messages from Event Mesh.
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Know-It Global
NOVEMBER 10, 2022
Thinking about outsourced credit control? Credit control is the solid foundation that a finance team should be built around. Outsourced credit control. And it’s only at this point they recognise the magnitude of having a sound credit control process mapped out and followed.
Your Virtual Credit Manager
JANUARY 30, 2024
The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation. For a more in depth discussion of systematic collections, click here.
Your Virtual Credit Manager
MARCH 14, 2023
Commercial collections is no different. Collection myths can be found at the very root of bad decisions as well as informing counter-productive activities. Adhering to collection myths more often than not leads to bad outcomes. Simply put, collection myths get in the way of doing the best job possible. Subscribe now 1.
Credit Management Group UK
DECEMBER 27, 2023
Here are our frequently asked credit management questions for December. Confidential invoice finance providers will want to see that your credit management processes and procedures are clear and appropriate for the business, as this will pose less risk for them in offering you finance.
Your Virtual Credit Manager
AUGUST 15, 2023
Consequently, your collection process needs to adapt to each situation if you are going to realize the best outcomes possible. A one size fits all approach to collections will not achieve as high a level of recoveries and cash flow as a strategic approach to collections. That’s the reason for collection strategies.
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