TreviPay

MARCH 20, 2023

Credit management is integral to accounts receivable management. Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It covers multiple different smaller components involved in issuing, monitoring, and collecting credit.

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

Your Virtual Credit Manager

OCTOBER 18, 2022

For small and medium-size enterprises (SMEs) who only need to purchase a limited number of credit reports, going through an independent reseller of credit bureau reports will often be much more cost effective. Just click on this link to open an account and start getting the commercial credit Intel you need.

Sales Tax Exemptions 130

Sales Tax Exemptions Credit and Collections Online Credit Application Credit Application 130

Your Virtual Credit Manager

APRIL 16, 2024

Ensuring Successful Debt Collections Even with these headwinds, there are steps trade creditors can take to improve their collections game: Be Proactive: It starts with a comprehensive credit application and vetting process and is complemented with clear communications about terms, the billing process, and the expectation of on-time payments.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Debt Collections Credit and Collections Collector 130

Emagia

JUNE 21, 2024

With the rapid advancement of digital technology, businesses can no longer afford the inefficiencies of slow credit applications, validations, and approvals. Empowering the credit team with intelligent Order-to-Cash (OTC) digital solutions is essential. Key features include: Replacing manual signatures with digital signatures.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit Scoring 40

Gaviti

FEBRUARY 27, 2025

Credit Congress & Expo Dates: May 1821, 2025 Location: Cleveland, Ohio Website: Credit Congress & Expo 2025 Credit is a vital component of accounts receivable health. The National Association of Credit Management (NACM) hosts the annual Credit Congress & Expo, focusing on business credit and financial management.

Invoice to Cash 66

Invoice to Cash Payment Portals Credit and Collections Days Sales Outstanding 66

Credit Management Group UK

JULY 19, 2023

Small businesses need to ensure they have the most effective credit management systems and skills to tackle late payment seriously, to avoid becoming one of those statistics. Credit management should be ‘customer focused’. Manage disputed invoices by setting a time limit to resolve issues.

Credit Management 50

Credit Management Bad Debt Credit and Collections Credit Application 50

Your Virtual Credit Manager

SEPTEMBER 12, 2023

Processing Delays There are several AR activities that often take longer than they should and therefore cause delays: processing credit applications, approving orders, generating invoices, and posting payments. Poor Credit Management' We’ve already talked about how poor credit decisions can impact sales and collections.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Gaviti

FEBRUARY 4, 2025

Run a Consistent and Robust Credit Process Credit management is the foundation of effective AR. A standardized and scalable credit process ensures you balance risk with reward. Best practices include: Conducting thorough credit checks and your own internal review before onboarding new customers.

Average Days Delinquent 59

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

Your Virtual Credit Manager

MARCH 28, 2023

The question you need to answer is: should credit policy be liberal or conservative? Credit Applications and Credit Reports The primary sources of information for you credit evaluation will be found in the customer’s credit application and a credit bureau report.

Credit Scoring 130

Credit Scoring Credit Application Bad Debt Credit Risk 130

Credit Management Group UK

MARCH 4, 2024

The decision making process for granting a potential customer credit should be made up of a jigsaw of several different types of information, rather than relying on one method only. Credit Checks Does your customer have the ability to pay you when all is said and done?

Credit Risk 97

Credit Risk Bad Debt Credit and Collections Credit Application 97

Gaviti

NOVEMBER 24, 2024

Establish proactive credit management policies. Evaluate the credit risk posed by each customer according to their payment histories and credit history and periodically review creditworthiness. Customers can also use it to view invoices, payment history, and credit applications and disputes.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Your Virtual Credit Manager

DECEMBER 27, 2022

Subscribe now Sources of Business Credit Information Assessing a firm’s creditworthiness in light of each of these eight factors requires specific information. Here are the five primary information sources used to evaluate an accounts credit risk. Click here for more information about credit applications.

Credit Scoring 130

Credit Scoring Credit and Collections Accounts Receivable (AR) Credit Application 130

Your Virtual Credit Manager

DECEMBER 6, 2022

At a very basic level, you should always have new customers complete a credit application, including bank and vendor (trade) references, and sign a credit agreement ( for an article about credit appications click here ). Buy Credit Reports In regard to collections, a well defined process is imperative.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Your Virtual Credit Manager

FEBRUARY 6, 2024

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. More About Purchasing Credit Reports 5.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 130

Your Virtual Credit Manager

FEBRUARY 13, 2024

Here’s a primer on credit insurance. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Can you process new customer credit applications online? Solidify Your Remote Work Capabilities.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

JANUARY 9, 2024

Then last week we looked at credit hold best practices. From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Emagia

MARCH 15, 2024

Many indicated that it was like an AI assistant sitting with you when decisions related to credit risk have to be made amid volatile conditions like abrupt market changes, interest rate fluctuations, supply chain disruptions or employment challenges.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Many indicated that it was like an AI assistant sitting with you when decisions related to credit risk have to be made amid volatile conditions like abrupt market changes, interest rate fluctuations, supply chain disruptions or employment challenges.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Gaviti

DECEMBER 18, 2024

For example, it analyzes credit applications, pinpoint missing or potentially incorrect data, and suggest more suitable credit limits. Dispute management that gives you credit and collection history available in one place, enabling you to easily see trends and reduce future disputes for accurate reporting.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

JULY 23, 2024

please take advantage of our July Sale to lock in a subscription to Your Virtual Credit Manager for just $34.99 Subscribe now Do you need help managing credit and collections? The experts at Your Virtual Credit Manager are currently offering 33% off our standard small business consulting rates.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Shared Service Center Small Businesses 130

Your Virtual Credit Manager

JANUARY 3, 2023

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Credit Analysis and Portfolio Monitoring Software: These solutions are for managing risk after the initial order has been approved.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Gaviti

NOVEMBER 4, 2024

3 – Quadient Quadient’s dispute management tool is also part of its full accounts receivable management platform designed to automate the order-to-cash cycle and accelerate cash flow. Credit Management and Monitoring.

Credit and Collections 52

Credit and Collections Invoice to Cash Payment Portals DSO 52

Gaviti

OCTOBER 23, 2023

A business credit score is a rating whose goal is to demonstrate how financially responsible a business is as well as its potential for profitability. The number and type of credit applications, payment history, history of debt, company structure and personal credit score of the founders or owners all affect a business credit score.

Credit Scoring 97

Credit Scoring Credit and Collections Credit Application Bankruptcy 97

Credit & Management Systems, Inc.

JUNE 11, 2012

This Program, a collaborative effort between NACM, NACM- Tampa and selected third-party solution providers, including CMS, will provide the National Trade Credit Report (NTCR) through the CMS Credit Suite web application platform and CMS’s Corporate Credit Manager (CCM) software system.

Credit Management 40

Credit Management Credit and Collections Credit Application Order to Cash 40

Your Virtual Credit Manager

MARCH 19, 2024

To continue reading and learn about eleven events or circumstances that should trigger a collection response, in addition to when a customer goes past due, you need to be a paid subscriber to Your Virtual Credit Manager. The experts at Your Virtual Credit Manager can help you bring in the cash.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

Credit Management Group UK

JULY 11, 2023

Don’t give all customers the same credit terms or limit; some customers will be higher risk than others so should have a lower credit limit and shorter payment terms to reduce risk Ensure the risk to your business is kept to a minimum by determining credit terms and limits appropriate to the risk that a customer poses to your business.

Credit and Collections 88

Credit and Collections Credit Application Credit Management 88

Your Virtual Credit Manager

SEPTEMBER 17, 2024

To continue reading and learn nine areas of focus for supercharging your collection process, you must be a paid subscriber to Your Virtual Credit Manager. Do you need help assessing your customers’ credit risks?

Credit and Collections 100

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 100

Your Virtual Credit Manager

JANUARY 16, 2024

The experts at Your Virtual Credit Manager are ready to help you improve cash flow and reduce AR risks during these challenging times. Who to contact should be information requested on your credit application. What do you need help doing?

Debt Collections 130

Debt Collections Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

JULY 18, 2023

often will provide a substantial amount of payment and other financial information, enable you to establish a credit account for a customer, and be confident that they will pay reasonably well. If you can’t justify a small credit limit, make them pay by credit card or in advance.

Credit and Collections 130

Credit and Collections Credit Scoring Credit Management Credit Application 130

Your Virtual Credit Manager

DECEMBER 13, 2022

Share The Collection Calling Process Establish Communications: Hopefully, contact information for the people responsible for paying your customer’s bills was captured during your new customer on-boarding process and in your credit application. Don’t continue wasting your time.

Collector 130

Collector Credit and Collections Past Due Invoices Credit Management 130

Credit Management Group UK

AUGUST 7, 2024

It is a wide spread misconception that credit management is solely based around the collection of overdue invoices, when in fact the scope of effective credit management encompasses the entire process from order to payment. Anything that happens before payment is received can impact a company’s ability to get paid.

Order to Cash 69

Order to Cash Credit and Collections Credit Management Credit Application 69

Your Virtual Credit Manager

JUNE 18, 2024

That’s why it is standard to ask on a credit applications the year in which the business was formed. Years in business is a critical factor in the assessment of credit risk along with number of employees, which can be a good proxy for sales volume, something private businesses are not always willing to disclose.

Bad Debt 100

Bad Debt Credit and Collections Credit Risk Credit Card Companies 100

Gaviti

JULY 18, 2024

Credit Management and Monitoring. Automatically manage customer credit from the credit application process through ongoing monitoring with real-time credit risk alerts that could be a result of economic instability or other market forces. Customer Self-Service Portal.

Cash Forecasting 95

Cash Forecasting Credit and Collections DSO Deductions 95

Your Virtual Credit Manager

AUGUST 8, 2023

For more on credit agreements and the new customer credit application process, check out this post. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. More About Purchasing Credit Reports 3.

Credit and Collections 100

Credit and Collections Third Party Collections Bad Debt Credit Management 100

Priority Credit Management Corporation

NOVEMBER 19, 2020

Credit applications. Further, while all forms of back-up are helpful, probably the most important document a business can provide is the credit agreement. Further, while all forms of back-up are helpful, probably the most important document a business can provide is the credit agreement. Think more IS more. Statements.

Credit Application 52

Credit Application Credit and Collections Credit Management 52

Gaviti

APRIL 11, 2024

Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

DECEMBER 12, 2023

How Gaviti Helps Improve Your Cash Conversion Cycle Gaviti’s A/R invoice-to-cash management platform automates your A/R cycle, streamlining the process while eliminating human error and enabling your accounts receivable team to improve its performance.

Credit and Collections 98

Credit and Collections Invoice to Cash Deductions Cash Applicator 98