Credit Research Foundation

JANUARY 11, 2024

Transforming your credit application process through digitization not only enhances credit extension capabilities but also significantly elevates the overall customer experience. Evaluating Your Current Processes: To begin, take a critical look at your existing credit application processes.

Credit Application 195

Credit Application Bad Debt Dashboards Default 195

Credit Research Foundation

JUNE 6, 2024

I recently sat in on the CRF educational webinar “How to Implement a Digital Credit Application” and found myself intrigued by the candid response to one of the top productivity opportunities in the B2B credit space. Track your approval ratings and contrast them to your accepted default rate.

Digital Credit Application 195

Digital Credit Application B2B Credit Dashboards Credit Application 195

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? Implement Workflow Solutions: Software as a Service (SaaS) solutions are an economical way to enhance productivity.

Credit and Collections 100

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

Emagia

MARCH 3, 2025

Collections Management Effective collections management involves tracking overdue invoices and implementing escalation strategies for persistent defaulters. Step 2: Evaluating Customer Creditworthiness Conduct background checks and analyze financial statements before approving credit applications.

DSO 40

DSO Days Sales Outstanding AR Reporting Credit and Collections 40

Biz2X

APRIL 13, 2023

With automated risk analysis, banks can access cash flow forecasting and analysis tools that help them optimize their portfolios from a single dashboard. Other lenders have adopted the industry standard of delivering instant decisions on credit applications.

Credit Unions 52

Credit Unions Default Credit Risk Credit Scoring 52

Gaviti

MARCH 11, 2025

This modern approach enables faster decision-making and more personalized credit offerings, reflecting a comprehensive view of an individual’s or companys financial behavior. Manual Application Processing: Accommodate traditional credit applications by allowing for manual data entry and assessment, ensuring no customer is left behind.

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52

CreditStrong for Business

NOVEMBER 8, 2024

When a credit bureau receives a new trade reference about your company, it may add an account (also called a tradeline , payment experience, or trade experience) to your business credit report. New lenders or suppliers might also review a trade reference letter when you fill out a credit application.

Credit Scoring 40

Credit Scoring Credit Reporting Agencies Credit Application Credit Risk 40