Remove Credit Management Remove Credit Risk Remove High-Risk Accounts
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Supercharge Your Collections

Your Virtual Credit Manager

A former client had the necessary credit and collection expertise for their industry. They understood the dynamics that affected their customers and marketplace, as well as the credit controls needed to keep credit risk in check in this environment. Do you need help assessing your customers’ credit risks?

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Balancing Credit Sales with Profits

Your Virtual Credit Manager

Selling only to financially strong customers reduces the risk of bad debt loss, (and the cost of Credit and Collections activity required). Most companies, however, need incremental sales volume from higher-credit-risk customers to break even and achieve profitability. Insurers want to be paid for the risk they bear.

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

The experts at Your Virtual Credit Manager are ready to help you improve cash flow and reduce AR risks during these challenging times. More About Purchasing Credit Reports Over time, insights gained from this approach can inform risk assessments for new accounts, which you can use to refine your credit risk parameters.

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a credit management. Do you need help assessing customer credit risks? But reality matches to a different tune. Something to Think About.

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Trade Credit Insurance for Businesses: Definition, Benefits & How It Works

TreviPay

By offering protection against non-payment, trade credit insurance helps businesses avoid financial strain, improve cash flow and maintain a stable credit management process. How Does Trade Credit Insurance Work? Benefits of Trade Credit Insurance There are many benefits to trade credit insurance.

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9 Trade Credit Traps to Avoid

Your Virtual Credit Manager

High risk customers shouldn’t be granted credit. The truth of the matt er is there are times you should give credit to high risk accounts and ways to mitigate those risks. Do you need help with your credit policies and procedures?

Bad Debt 100
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Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. More About Purchasing Credit Reports The Irregular Payer: Unpredictable and inconsistent payment patterns highlight this persona.