Your Virtual Credit Manager

APRIL 1, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly). Do you need help improving cash flow?

Credit and Collections 130

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

Your Virtual Credit Manager

JANUARY 23, 2024

Furthermore, new businesses and small businesses tend to have high failure rates, and there is good reason to believe a wave of defaults is coming. If the European parent company defaulted, the North American subsidiary would be pulled into bankruptcy even though its operations were profitable.

Credit Application 130

Credit Application Bad Debt Bankruptcy Credit Scoring 130

Your Virtual Credit Manager

DECEMBER 6, 2022

Without effective AR management, your cash flow is subject to entropy as the AR ages, as well as to the shocks caused by customer defaults. The solution is the implementation of credit and collection best practices geared to ensure customer profitability and sufficient cash flow. it just might help them pay you sooner!

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Emagia

MARCH 15, 2024

While optimized credit risk management and accounts receivable processes can positively impact critical KPIs such as revenue leakage, default and delinquency rates, dysfunctional customer relationships, and excessive overheads, inefficient processes can have unfavorable effects on these metrics.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

While optimized credit risk management and accounts receivable processes can positively impact critical KPIs such as revenue leakage, default and delinquency rates, dysfunctional customer relationships, and excessive overheads, inefficient processes can have unfavorable effects on these metrics.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

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.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

CreditStrong for Business

SEPTEMBER 6, 2024

Some steps that would benefit you will eventually cost you points upfront, weakening your credit applications for a few months. Here are some tactics to consider: Provide collateral: Creditors are reluctant to lend to businesses with bad credit because they’re worried you’ll default on the account and cost them money.

Credit Scoring 52

Credit Scoring Default Small Businesses Credit Unions 52