Credit and Collections Document Transactions 
Your Virtual Credit Manager
DECEMBER 31, 2024
In our case, we found a continued interest in collection technique and strategy, as well as in fighting credit fraud. Delaying collection efforts sends a message to customers that late payments are acceptable, establishing a bad precedent. To avoid this, collections should begin within 3-7 days of the due date.
Your Virtual Credit Manager
APRIL 1, 2025
In too many organizations, credit and collection decisions are compromised by the fog of war. For example: to make an effective collection call, you need to know who to contact, the AR status and AR details of the account, if there are any disputes, and what prior efforts have been made to collect the balance due.
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Your Virtual Credit Manager
MARCH 25, 2025
In order to manage the risk of extending trade credit, vendors need to collect information on their business customers. What they do with that information after making a credit decision is not a trivial matter. The cyber-security of credit files cannot be taken lightly.
Your Virtual Credit Manager
FEBRUARY 18, 2025
The better you know a customers, the easier it is to make a correct credit decision. One of the biggest challenges for any credit function is making a valid decision when information is lacking. That’s why standard procedure calls for gathering additional credit information until a comfortable decision can be made.
SAP Credit Management
SEPTEMBER 7, 2023
last updated: 2023-09-07 Introduction The article explains the SAP GUI – TCODE (Transaction Code): ST12 usage in details. During analyzation the following values are necessary (to identify the proper trace entry): Comment User Date Click on the ‘Full screen’ button and open the overview screen of all the traces collected.
SAP Credit Management
JANUARY 31, 2023
Prerequisites: ME data collection parameters setup completed as required To make the Web service call, create a ME/MII UME service user. High-Level Overview: Expose the MII BLS transaction as a WSDL service to send Machine parameter values. Built BLS transaction to receive Machine values and record them in ME data collection.
Your Virtual Credit Manager
OCTOBER 22, 2024
When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Falsifying documents is another way criminals perpetrate frauds.
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