Credit Management Default Past Due Invoices 
Your Virtual Credit Manager
OCTOBER 29, 2024
On a phone call, you should provide a summary of the amount past due, such as “$10,000 over 30 days past due” or reference one or two large past due invoices (number, amount, and due date), but no more. The key issue is securing a commitment to pay the past due invoices.
Your Virtual Credit Manager
OCTOBER 22, 2024
When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Your Virtual Credit Manager is a reader-supported publication.
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Your Virtual Credit Manager
OCTOBER 2, 2024
Your Virtual Credit Manager is a reader-supported publication. Do you need help assessing your customers’ credit risks? The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable insights.
Your Virtual Credit Manager
JULY 2, 2024
Hopefully, that gets you past the emotions so you can have a rational discussion about getting paid Habitual debtors repeatedly default on promises and usually have a history of slow payment and defaults. These account provide a serious credit risk, and should not be approved for open credit terms.
Your Virtual Credit Manager
SEPTEMBER 10, 2024
Pricing Problems: A supplier of medical devices implemented a new ERP system, but flaws in the pricing application caused it to frequently default to list price (nearly every accounts had exceptions), thereby generating hundreds of incorrect invoices. Customers refused to pay as billed, frequently demanding corrected invoices.
Your Virtual Credit Manager
JANUARY 17, 2023
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. it just might help them pay you sooner! it just might help them pay you sooner!
Your Virtual Credit Manager
MARCH 5, 2024
Are there past due accounts you are trying to collect? The experts at Your Virtual Credit Manager can help you bring in the cash. If you send an email or text you can attach a copy of their account statement and/or invoice ccopies. We are currently offering 33 percent off our standard rates.
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