Your Virtual Credit Manager

JANUARY 7, 2025

This leads to quicker payments and improved cash flow. While automating things like remittance processing, credit application processing, and portfolio monitoring and analysis will help you improve DSO, there are two types of automation solutions that are proven to significantly improve cash flow.

Days Sales Outstanding 130

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

The Red Spectrum

MAY 18, 2023

When it comes to managing your finances and building a healthy credit history, understanding how credit card payments affect your credit reports is essential. Credit reports serve as a snapshot of your financial behavior and are often used to determine loan approvals, interest rates, and credit limits.

Credit Card Payments 91

Credit Card Payments Credit Scoring Credit Reporting Agencies Credit and Collections 91

Gaviti

JANUARY 6, 2025

9) Include different payment options for customer convenience Offering multiple payment options available will help your clients to settle past due accounts faster and easier. For example, foreign clients that cannot make ACH payments should have additional payment options available such as credit card payments.

Credit and Collections 92

Credit and Collections Days Sales Outstanding Invoice to Cash Invoice Amount 92

CreditStrong for Business

NOVEMBER 7, 2024

Cons The loan funds in most installment credit options provide financing for a single, one-time purchase in the form of a lump sum. Borrowers seeking additional financing through these sources must typically enter the formal credit application process again.

Automobile Dealerships 40

Automobile Dealerships Credit Scoring Credit and Collections Credit Card Payments 40

Gaviti

FEBRUARY 18, 2024

Or they may simply want to have different types of payment options beyond checks and credit card payments. They were extended additional credit but were not creditworthy. Collections Analytics.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

FEBRUARY 18, 2024

Or they may simply want to have different types of payment options beyond checks and credit card payments. They were extended additional credit but were not creditworthy. Collections Analytics.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

tillful

MARCH 15, 2023

During the initial credit application, lenders will often ask you to select your industry from a dropdown menu of business categories. High chargeback rates Chargebacks occur when customers dispute credit card payments with their card or bank account providers. How do lenders evaluate industry risk?

Credit and Collections 52

Credit and Collections Credit Scoring Credit Reporting Agencies Credit Card Payments 52