article thumbnail

EXPERIENCE AND INNOVATION: WHY COMPANIES RELY ON SOA PEOPLE IN CREDIT MANAGEMENT

SOA People

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.

article thumbnail

Ludo Theunissen shares his latest insights in credit management

SOA People

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Red Flags Revealed by Your Customers' Financial Statements

Your Virtual Credit Manager

In addition to a comprehensive and pro-active collection regimen, the first line of defense for credit grantors involves regular monitoring of their AR portfolio for customers exhibiting red flag behaviors. Your Virtual Credit Manager has already covered this topic from several different perspective.

article thumbnail

Bectran Inc. to Sponsor ICTF’s Global Credit Professionals Symposium in Chicago

Bectran

CHICAGO, April 22, 2022 (GLOBE NEWSWIRE) -- Credit, Collections & Accounts Receivable Software leader Bectran, Inc. will be sponsoring ICTF’s (International Credit and Trade Finance Association) Global Credit Professionals Symposium from April 24 th through 26 th in Chicago, IL.

article thumbnail

The Finality of a Final Demand Notice

Eastern Credit Management Services

Of all the credit management tools in your toolbox the one that should have the most teeth is your Final Demand Notice. A Final Demand Notice should be sent to the past due customer in a timely manner, ideally at the 90-120 day stage depending on your internal credit policy.

article thumbnail

Three Ways to Reduce Your Outstanding Accounts Receivable

Lockstep

Accurate and timely information is important for internal credit and collection professionals but also for customers. For example, a credit manager should be able to easily see payment history for a customer when deciding whether to increase credit limits. Provide accurate and timely information .