Your Virtual Credit Manager

OCTOBER 18, 2022

Share Adapt to the Situation Here’s some guidelines that will help you have an efficient credit review process for all new accounts: Small Credit Limit Required: In most cases, a satisfactory commercial credit score will suffice. For more about the importance of credit applications, click here.

Sales Tax Exemptions 130

Sales Tax Exemptions Credit and Collections Online Credit Application Credit Application 130

Your Virtual Credit Manager

JANUARY 9, 2024

Then last week we looked at credit hold best practices. From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Emagia

JUNE 21, 2024

According to a Harvard Business Review study, 89% of large companies globally have initiated digital and AI transformations , yet they have only realized 31% of the expected revenue lift and 25% of anticipated cost savings across multiple domains, including credit management.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit and Collections 40

Gaviti

OCTOBER 27, 2024

You will also need to look at how much time it takes to approve new customers, review credit applications, etc. In addition, the information that is traditionally used to evaluate credit (e.g. credit scores, payment history, etc) is dynamic. Credit Management.

Payment Portals 95

Payment Portals Credit and Collections Average Days Delinquent Cash Forecasting 95

Emagia

FEBRUARY 2, 2024

OTC, the main cash flow driver, has many subsets within it, and credit management is more important than it looks on the surface. This calls for a robust credit management system in place. What is B2B Credit Automation For The Digital Era? Most ERPs can automate only a small portion of credit control operations.

B2B Credit 52

B2B Credit Credit and Collections Credit Application Credit Management 52

Emagia

JUNE 12, 2023

This enables effective credit risk management by limiting loan options to individuals with a specified income level. What is Credit Risk Management Best Practices? The adoption of automation allows for real-time credit management, leading to decreased cedit risk and minimized bad debts.

Credit Risk 52

Credit Risk Credit and Collections Bad Debt Default 52