article thumbnail

Eight New Year’s Resolutions to Improve your Commercial Credit Management in 2025

Credit Management Group UK

2025 could be the year for your business to improve and grow, however this relies heavily on how effectively your commercial credit management runs. Improving your commercial credit management in 2025 1.

article thumbnail

Revolutionize Your Credit Application Process: A Compelling Case for Digital Transformation

Credit Research Foundation

In the dynamic landscape of credit management, embracing digital transformation is no longer just an option but a strategic imperative. Transforming your credit application process through digitization not only enhances credit extension capabilities but also significantly elevates the overall customer experience.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Does Your Billing Process Provoke Late Payments?

Your Virtual Credit Manager

Your Virtual Credit Manager is a reader-supported publication. For a masterclass on Credit Department Digital Transformation , join David Schmidt online December 3, 2024, at 1:30 PM EDT. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly).For

article thumbnail

Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager now have access to sharply discounted business credit reports from D&B, Experian, or Equifax through our partner Accredit. Buy Credit Reports But, On the Other Hand. Risk of losing or demotivating some productive salespeople.

article thumbnail

Eight Signs a Customer Is Becoming a Problem Debtor

Your Virtual Credit Manager

Their Credit Report Shows Other Suppliers Being Paid Promptly: This may indicate cash flow problems, but it also shows your firm is unimportant to them. Do you need help with your credit policies and procedures? Your firm has become a lender, and they appear to be a debtor.

article thumbnail

Turning Pressure Into Performance

Your Virtual Credit Manager

This advice should resonate deeply for anybody involved in credit management, particularly in times of economic uncertainty. To continue reading and learn how to use calmness and clarity to turn nervousness into excitement to fuel success, you must be a paid subscriber to Your Virtual Credit Manager.

article thumbnail

Up Your Cash Flow!

Your Virtual Credit Manager

Your Virtual Credit Manager is a reader-supported publication. 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.