Credit Management Group UK

JUNE 16, 2024

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to.

Credit Management 99

Credit Management Credit and Collections Order to Cash Credit Risk 99

Credit Management Group UK

JULY 30, 2024

Get Help and Support at a manageable cost. We have recently relaunched our popular Credit Management Support Service to include more of the services you need. The post Credit Management Support Service appeared first on Credit Management Group UK.

Credit Management 56

Credit Management 56

Enterprise Recovery

AUGUST 23, 2024

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations.

Credit Management 86

Credit Management Debt Collections 86

Credit Management Group UK

APRIL 15, 2024

For businesses struggling to implement and adhere to credit control procedures, we offer our outsourced collections; we essentially become a company’s virtual credit control department, chasing for payment in our client’s name. The post Have you thought about Outsourced Credit Management?

Credit Management 92

Credit Management Credit and Collections 92

SAP Credit Management

SEPTEMBER 25, 2023

This is blog shows you how to configure SAP Credit Management for SAP S/4HANA Cloud Sales in a step-by-step video. Introduction Efficient receivables and credit management reduces the risk of financial losses and helps you to optimize business relationships with your business partners.

Credit Management 135

Credit Management Transactions 135

Onguard

OCTOBER 9, 2024

This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim professionals. What are the main areas for improvement with AI in credit management? AI in credit management: Hype or reality?

Credit Management 52

Credit Management Order to Cash Transactions 52

Credit Management Group UK

OCTOBER 11, 2023

There are many areas in Credit Management we can help with and alot of the problems could be solved by setting up the right systems in the first place. The post Effective Credit Management Factsheets appeared first on Credit Management Group UK.

Credit Management 78

Credit Management 78

Credit Management Group UK

JANUARY 7, 2024

To tackle these issues, for a low monthly cost we can provide your business with the expertise and support necessary in fully understanding your credit management issues, analysing the situation to find the most appropriate solutions. Find out more about our credit management support packages and how they will benefit your business.

Credit Management 92

Credit Management Bad Debt Credit and Collections Credit Risk 92

Credit Tools

NOVEMBER 15, 2024

We are thrilled to share an exclusive interview with Scarlett Favre-Verand, the CEO of Efficash, a consulting firm specializing in credit management. In this captivating conversation, Scarlett takes.

Credit Management 52

Credit Management 52

Credit Management Group UK

APRIL 8, 2024

Jenny is extremely experienced in contract law, is a fellow of the Chartered Institute of Credit Management and has successfully assisting clients to obtaining Judgment on disputed debts for the past 35 years. The post Welcome to our April Commercial Credit Management Q&A Blog appeared first on Credit Management Group UK.

Credit Management 92

Credit Management 92

TreviPay

SEPTEMBER 11, 2024

Unlock the Secrets to Effective B2B Credit Management Navigating credit management for B2B buyers isn’t just a task—it’s an art. With The Guide, You’ll Learn How to: Understand B2B Buyer Needs : Explore the differences between B2B and B2C markets and how these impact your approach to credit management.

Credit Management 52

Credit Management B2B Credit Transactions 52

Credit Management Group UK

MARCH 24, 2024

Our Improving Collection Performance training can provide you with the skills and know-how of effective credit management; helping you to get paid faster and protect your business from risk – take a look today. The post Get Paid Faster With These Six Credit Management Tricks appeared first on Credit Management Group UK.

Credit Management 86

Credit Management Credit and Collections 86

Onguard

OCTOBER 29, 2024

Relatively little has changed over the past 25 years in the credit management profession. Initiated in October 2024, Onguard University is a series of events that gives the stage to a different credit management expert every time. A turnover increase creates pressure on the Credit Management department.

Credit Management 40

Credit Management 40

Credit Management Group UK

JANUARY 16, 2023

Here are our top credit management frequent questions for January. What is the most common credit management issue you come across? There are many roadblocks in credit management that will delay payment; this also varies from industry to industry.

Credit Management 79

Credit Management 79

Credit Management Group UK

AUGUST 28, 2023

Offering credit to customers will always pose risks to your business, however having the most effective credit management process in place will significantly reduce this risk and your cash flow will ultimately benefit. appeared first on Credit Management Group UK.

Credit Management 81

Credit Management Bad Debt 81

Credit Management Group UK

JULY 23, 2024

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. Sales and credit control in particular should work closely together as these are the two-main customer facing roles. appeared first on Credit Management Group UK.

Credit Management 52

Credit Management Invoice Disputes Credit and Collections Bad Debt 52

Credit Management Group UK

DECEMBER 27, 2023

Here are our frequently asked credit management questions for December. Confidential invoice finance providers will want to see that your credit management processes and procedures are clear and appropriate for the business, as this will pose less risk for them in offering you finance.

Credit Management 52

Credit Management Credit and Collections Order to Cash 52

Credit Management Group UK

MARCH 15, 2023

Within my 30 years’ experience in the credit management profession, I have seen many mistakes made in B2B credit management; these mistakes, if not rectified, run the risk of negatively impacting cash flow and customer relationships. The post Are you making these four B2B credit management mistakes?

B2B Credit 93

B2B Credit Credit Management Credit Risk 93

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

Onguard

JANUARY 5, 2024

As we step into 2024, the landscape of credit management is undergoing a significant transformation. The looming issue of a Credit Manager shortage is not just a fleeting concern but a stark reality that businesses must address. This shift is crucial in an era where the Credit Manager shortage is increasingly palpable.

Credit Management 52

Credit Management 52

Credit Management Group UK

AUGUST 6, 2023

Translating credit management training courses into your business Credit management training courses are designed to teach you the knowledge and skills to go back to your business and make necessary changes for improvement. We have a number of Credit Management Courses available.

Credit Management 89

Credit Management 89

Onguard

JULY 25, 2024

2 Three main challenges to technology in credit management Although new technologies -such as AI, RPA and blockchain- are on the rise within the finance department, implementation does not always go smoothly: 28% of finance professionals state that their team lacks the skills and/or knowledge to implement the technology.

Credit Management 52

Credit Management DSO Days Sales Outstanding Credit and Collections 52

Credit Management Group UK

DECEMBER 6, 2022

If there is anything you would like to see more of in our round ups from more Credit Management Hints & Tips to help on E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT. The post November Commercial Credit Management News Round Up appeared first on Credit Management Group UK.

Credit Management 77

Credit Management Small Businesses 77

Credit Management Group UK

MARCH 7, 2023

Some of the most common credit management issues are relatively easy to overcome; here I detail the top five issues, and how they can be resolved. The post The Top Five Credit Management Issues and How to Resolve Them appeared first on Credit Management Group UK.

Credit Management 104

Credit Management Credit and Collections Credit Risk 104

Credit Management Group UK

APRIL 11, 2023

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly. Improving your use of credit management tools Invoice Ensure that your invoices: Are dispatched quickly Are accurate Comply with any contractual invoicing procedures.

Credit Management 93

Credit Management Credit and Collections Bad Debt 93

SOA People

FEBRUARY 21, 2024

Ludo Theunissen is President of the Federation of European Credit Management Associations (FECMA), as well as Founder and President of the Instituut voor Kredietmanagement (IvKM), the Belgian association for credit managers.

Credit Management 52

Credit Management international credit 52

Abrigo

MAY 27, 2022

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. 5 Traits of the Ideal Credit Manager. Below are five traits integral to being a successful credit manager. Takeaway 1 Be a good negotiator.

Credit Management 78

Credit Management Credit Risk 78

SOA People

JUNE 20, 2024

In this interview, Tina Haus-Bienerth, Head of Corporate Credit Management, explains the importance of digitalization and optimization in credit management and how SOA People supports them in this process.

Credit Management 52

Credit Management 52

Enterprise Recovery

JUNE 6, 2024

Credit managers can help your business by ensuring the smooth functioning of credit operations. They are responsible for assessing the creditworthiness of potential clients and managing credit limits to prevent late payments and minimize financial risks.

Credit Management 52

Credit Management Bad Debt Credit and Collections Debt Collections 52

SOA People

JUNE 21, 2024

Peter Maibaum, Senior Sales Manager at SOA People, has around 25 years of experience in software sales for credit management products and services. In the following video interview, he talks about the benefits and scope of the Ready4 Credit Management solution and emphasizes the important role of partners.

Credit Management 52

Credit Management international credit 52

Know-It Global

NOVEMBER 10, 2022

Given how critical credit control is to all businesses you would be shocked at the amount of companies that either overlook credit management or struggle to find the time and resource required for a watertight credit control process. These barriers mean an outsourced credit control solution is appealing.

Credit Management 98

Credit Management Credit and Collections 98

Onguard

SEPTEMBER 12, 2024

For example, over half of finance professionals in the Netherlands (55,5%) expect the role of the credit manager to focus more on strategic advice and less on operational tasks in the coming years. Key findings: 51,8% of respondents say the future of credit management lies in further integration of AI and Machine Learning.

Credit Management 52

Credit Management 52

Onguard

OCTOBER 19, 2023

Credit management has undergone a significant transformation in recent years. Whereas credit management was previously seen as the back office’s grab-can, today it is an essential part of an organisation’s financial strategy. But data-driven working within credit management is not easy to achieve.

Credit Management 52

Credit Management Credit and Collections 52

Credit Management Group UK

NOVEMBER 7, 2022

The post Credit Management E-learning from £99 appeared first on Credit Management Group UK. Enquire Now Course Delivery: The course will be presented via live webinar, this will take place for 1.5 hours per day on Tuesday, Wednesday and Thursday of that week. Start time will be 2pm.

Credit Management 65

Credit Management Credit and Collections 65

Credit Management Group UK

MAY 1, 2024

NB Jenny is extremely experienced in contract law, is a fellow of the Chartered Institute of Credit Management and has successfully assisting clients to obtaining Judgment on disputed debts for the past 35 years. The post Welcome to our May Commercial Credit Management Q&A Blog appeared first on Credit Management Group UK.

Credit Management 61

Credit Management Default 61

Chaser

AUGUST 1, 2024

Effective credit management is crucial to maintaining cash flow and ensuring operational stability. This means having a firm grip on how much you borrow, how you repay debt, and how you maintain your credit score.

Credit Management 52

Credit Management Credit Scoring 52

SOA People

APRIL 2, 2024

The leading and independent German magazine for credit managers is published four times a year. In line with the association's motto "From Credit Managers for Credit Managers", established industry experts have their say in practice-oriented specialist articles.

Credit Management 52

Credit Management 52