Your Virtual Credit Manager

JANUARY 23, 2024

Consequently, the credit manager was able to purchase credit insurance on his customer, and was therefore able to continue approving credit sales, within limits, to the chain store customer. Update credit applications: every 5 years, unless triggered sooner by a change in the business (e.g.,

Credit Application 130

Credit Application Bad Debt Bankruptcy Credit Scoring 130

Your Virtual Credit Manager

APRIL 1, 2025

Share The Five Pillars Underlying Effective AR Management The accumulation, updating, storage, protection, and retrieval of Customer, Credit, Sales, and AR data is central to your revenue-producing and cash-generating operations. It just might help them collect faster and pay you sooner.

Credit and Collections 130

Credit and Collections Sales Tax Exemptions Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

DECEMBER 6, 2022

Even worse, the company’s stock price was depressed because of the company’s high Days Sales Outstanding (DSO) , a common measure of AR management effectiveness.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Emagia

MARCH 3, 2025

Introduction to Accounts Receivable Process Cycle The Accounts Receivable Process Cycle refers to the systematic approach businesses use to manage credit sales and collect payments from customers. This cycle begins with establishing credit policies and extends through invoicing, payment collection, and account reconciliation.

DSO 40

DSO Days Sales Outstanding AR Reporting Credit and Collections 40

Emagia

MARCH 15, 2024

This blog discusses how emerging technologies such as artificial intelligence, machine learning, big data, and statistical models can facilitate intelligent credit risk management and diligent payment collections for B2B credit sales operations.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

This blog discusses how emerging technologies such as artificial intelligence, machine learning, big data, and statistical models can facilitate intelligent credit risk management and diligent payment collections for B2B credit sales operations.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Gaviti

APRIL 3, 2024

Best Possible DSO Formula The formula for Best Possible DSO is: (Current Receivables x Number of Days in Period) ÷ Credit Sales for Period 7 Strategies to Reduce DSO Since DSO reduction is such an important element of your accounting operations, many companies turn to tools such as DSO reduction software to assist them.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52