Emagia

FEBRUARY 21, 2025

One of the widely used guidelines in credit risk management is the 10 Rule for Accounts Receivable. What is the 10 Rule in Accounts Receivable? The 10 Rule states that if 10% or more of a customer’s total outstanding invoices are overdue, the entire account should be classified as high risk.

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Credit Risk Bad Debt Credit and Collections High-Risk Accounts 40

Gaviti

FEBRUARY 4, 2025

The world of Accounts Receivable (AR) is evolving rapidly. With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies.

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Average Days Delinquent Credit and Collections AR Metrics Accounts Receivable (AR) 59

Gaviti

JANUARY 8, 2023

This refers to organizing and categorizing customer accounts according to their creditworthiness and likelihood of payment. It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices. How Prioritization Strategies Improve Collections Performance.

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Credit and Collections Days Sales Outstanding DSO High-Risk Accounts 98

Your Virtual Credit Manager

JUNE 27, 2023

Some have good credit, others are clear risks. The first evidence a business fits this persona is when their payment history — both references and credit bureau report — indicates they pay all their vendors promptly. When that happens, it is time to review their credit again.

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Collector Credit and Collections High-Risk Accounts Accounts Receivable (AR) 26

Know-It Global

JUNE 20, 2023

Credit control is a vital aspect of financial management for businesses. It involves managing credit sales and making informed credit decisions, ensuring timely payment from customers, and minimising bad debt. Setting Up Credit Control Processes 1.1 This is where business credit checking comes into play.

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Bad Debt Credit and Collections Debt Collections Credit Risk 19

Your Virtual Credit Manager

AUGUST 27, 2024

Imagine a world where extending trade credit was completely risk-free, and granting open terms of sale to business customers required no second thought. In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a credit management.

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Accounts Receivable (AR) Default Credit and Collections Cybersecurity 100

Your Virtual Credit Manager

MAY 16, 2023

When a commercial account wants to buy your product, chances are they will want credit terms. Business credit, also known as trade credit, facilitates the flow of goods and services between business trading partners. The purpose behind extending trade credit is to facilitate the sale of some other product or service.

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Bad Debt Credit and Collections Default Small Businesses 100

Gaviti

DECEMBER 18, 2024

Deliver customizable reports to different finance personas, based on different timelines, customer risk, or payment history. Different types of reports include an accounts receivable aging report, customer balance reports, collections performance reports, and cash flow forecasting reports. Customer payment history.

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Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

APRIL 11, 2023

Subscribe now Ten Reasons Accounts Receivables Under Perform Failure to Conduct Credit Checks: Sometimes newer business are so excited to get an order, they fail to check the new customer’s credit, only to end up selling to a deadbeat and not getting paid. Here’s more on Credit Checks.

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Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Eastern Credit Management Services

JULY 21, 2023

As a trusted Canadian Debt Collection Agency, Eastern Credit Management Services (ECMS) understands the importance of streamlining debt collection processes to maintain strong client relationships and achieve optimal results. To streamline your debt collection process, embrace a multi-channel communication approach.

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Debt Collections Credit and Collections High-Risk Accounts Credit Management 52

Emagia

NOVEMBER 21, 2023

Most recently that meant talking with a group of leaders in the B2B credit industry as part of NACM South Central’s annual “Day at the Races” event in Louisville, KY. AI can help decrease DSO by improving collections and credit management processes. Can AI Make Reliable and Consistent Decisions When Extending Credit Lines?

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Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

TreviPay

SEPTEMBER 18, 2024

Trade credit insurance has become a vital tool for businesses looking to protect themselves from the risk of non-payment by customers. Trade credit insurance, also known as accounts receivable insurance, safeguards businesses from significant losses. What Is Trade Credit Insurance?

Bad Debt 52

Bad Debt Default Credit and Collections Export Credit 52

Gaviti

FEBRUARY 18, 2024

If late invoice payments cause you to miss loan repayments, it can impact your credit, and, if it continues, can land you in court. Employees who aren’t paid on time will find work elsewhere, making it hard to fulfill future customer requests, and send and collect invoices. These include: Lack of a unified process.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

FEBRUARY 18, 2024

If late invoice payments cause you to miss loan repayments, it can impact your credit, and, if it continues, can land you in court. Employees who aren’t paid on time will find work elsewhere, making it hard to fulfill future customer requests, and send and collect invoices. These include: Lack of a unified process.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Bectran

MARCH 5, 2025

The inherent risk of default in businesses extending credit makes bad debt accumulation more than a cursory concern, it is a challenge that can strike at the heart of your operations. If left unchecked, bad debt eats into your revenue, making a substantial impact on everything from your cash flow to future credit approvals.

Bad Debt 52

Bad Debt High-Risk Accounts Credit and Collections Default 52

Emagia

FEBRUARY 5, 2025

For CFOs and AR teams, this comprehensive view is a game-changer in managing accounts receivable, improving collections, and optimizing cash flow. The goal is to have a complete understanding of your customers behavior, payment patterns, credit status, and any issues they may have faced in the past.

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AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 40

Emagia

FEBRUARY 14, 2025

This integration encompasses functions such as credit management, invoicing, collections, deductions, and cash application. Dynamic Credit Limits: Adjusting credit limits in real-time based on customer payment behavior and financial health.

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Days Sales Outstanding DSO Credit and Collections Cash Applicator 40

Emagia

MARCH 6, 2025

In this blog, we will explore the importance of accurate cash forecasting in accounts receivable , the challenges CFOs and AR teams face, and how Emagia’s AI-powered Cash Forecasting solution is transforming the AR landscape. What is Cash Forecasting in Accounts Receivable?

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Cash Forecasting Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 40