Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Your Virtual Credit Manager

JUNE 25, 2024

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up. Do you need help managing credit and collections?

Bad Debt 130

Bad Debt Credit and Collections Days Sales Outstanding DSO 130

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

SAP Credit Management

AUGUST 15, 2023

It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. We can configure SAP Sales order pricing for the same product & customer based on Sales Area. Credit Management: Credit limits, exposure, and risk categories may vary per sales region.

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Revenue Recognition Default Order to Cash Credit Management 111

Your Virtual Credit Manager

FEBRUARY 13, 2024

Share Read on to learn six actions you can begin doing today to reduce the exposure of your AR portfolio to customers that are at risk of delinquency and default, and an additional three longer term initiatives you can implement that provide the added benefit of boosting future AR performance. Here’s a primer on credit insurance.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Onguard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. This is also a welcome addition within credit management.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Your Virtual Credit Manager

SEPTEMBER 12, 2023

Poor Credit Management' We’ve already talked about how poor credit decisions can impact sales and collections. In small companies, this may occur due to a lack of credit analysis skills. Here’s more on credit evaluations. Credit management, however, doesn’t stop with the initial customer analysis.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

OCTOBER 17, 2023

To avoid unacceptably large credit losses, a system of credit controls and procedures must be implemented. The experts at Your Virtual Credit Manager are ready to help you improve cash flow and reduce AR risks during these challenging times. What do you need help doing?

Bad Debt 130

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR) 130

Onguard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. This is also a welcome addition within credit management.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager (YVCM) previously published an article discussing the pros and cons of Prompt Payment Discounts. It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. This translates to a 1 percent discount if paid within 10 days of the invoice date.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

APRIL 18, 2023

Subscribe now An Overview of the AR Functions that Can Be Outsourced One option is to outsource all AR responsibilities in support of the order-to-cash (O2C) process: from billing to credit and collections to remittance processing. Not a subscriber … why don’t you take advantage of a free YVCM subscription?

Bad Debt 130

Bad Debt Credit and Collections Third Party Collections Accounts Receivable (AR) 130

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Here’s more on Credit Checks. Laissez-faire doesn’t cut it. Any O2C friction that results will ultimately have a negative affect on AR performance.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

SAP Credit Management

SEPTEMBER 5, 2023

In the following blog, I will give you an engineering expert view of some selected highlights of our SAP S/4HANA Cloud, private edition for Sales, to demonstrate that automation, system integration, and end-to-end transparency can help companies to transform their order-to-cash process with the shift to low-touch sales order processes.

Credit and Collections 181

Credit and Collections Order to Cash Transactions Default 181

Emagia

FEBRUARY 5, 2023

If the automated AR application can alert the collection team about the probability of any payments getting overdue, they can proactively reach out to such customers to try mitigating the risk of a likely payment defaults. Credit Management The starting point in the AR process is credit check, though that is part of broader OTC process.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Serrala

AUGUST 29, 2022

In an ambitious credit management project, they credit team achieved full customer risk control and portfolio visibility and more efficiency and security throughout the entire credit process, improving collaboration and communication within the team and with internal and external stakeholders. Interested in a demo?

Credit and Collections 52

Credit and Collections Credit Risk Dashboards Credit Scoring 52

SAP Credit Management

AUGUST 24, 2023

You can change the default value in the sales document or the billing document. Go to Manage Billing Documents. App ID: F0797 With this app, you can manage invoices, invoice cancellations, credit memos, and other billing documents. Otherwise, the system makes unnecessary accesses to conditions. Key is BSX.

Collector 142

Collector Transactions Default Order to Cash 142

Your Virtual Credit Manager

JANUARY 21, 2025

Large swaths of the order-to-cash (O2C) process involve credit and collection activities. Broadly defined, the credit’s contributions involve approving new customers for open terms and new orders at the front end of the O2C cycle. Your Virtual Credit Manager is a reader-supported publication.

Order to Cash 130

Order to Cash Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

MARCH 18, 2025

In some cases, the cause has been a structural problem unrelated to their collectors’ efforts, situations caused by upstream issues in the order-to-cash (O2C) process. A credit manager at an office products manufacturer selling through a dealer network had difficulty controlling his emotions.

Collector 130

Collector Credit and Collections DSO Debt Collections 130

Your Virtual Credit Manager

MARCH 11, 2025

From an accounts receivable (AR) perspective, digitization began accelerating in the late eighties with the introduction of tools that could help with financial analysis followed by collection, deduction management, and remittance processing software in the nineties. Your Virtual Credit Manager is a reader-supported publication.

Days Sales Outstanding 130

Days Sales Outstanding Credit and Collections DSO Accounts Receivable (AR) 130

Your Virtual Credit Manager

DECEMBER 24, 2024

If your enjoy it or find it useful, we hope you will subscribe Your Virtual Credit Manager is a reader-supported publication. Need help improving cash flow? Learn More About Credit Reports Please share this newsletter with your small business customers. To receive new posts and support my work, please subscribe.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130