Remove Credit Management Remove Invoice Amount Remove Small Businesses
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Resolving Disputes and Payment Deductions Quickly Preserves Profits

Your Virtual Credit Manager

please take advantage of our July Sale to lock in a subscription to Your Virtual Credit Manager for just $34.99 Subscribe now Do you need help managing credit, collections and cash flow? The experts at Your Virtual Credit Manager are currently offering 33% off our standard small business consulting rates.

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Are Your Customers Behaving?

Your Virtual Credit Manager

Remember, business is a contact sport and vendors need to be prepaired to respond vigorously to any attacks on their terms of sale and cash conversion cycle To continue reading and learn how best to respond to customers that demand extended payment terms, you must be a paid subscriber. Do you need help managing credit and collections?

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“Must Have” Metrics for Receivables Management

Your Virtual Credit Manager

Monitoring and tracking cash is a critically important activity for most small businesses (for more on that subject, check out “ Taking the Crystal Ball out of Cash Flow Forecasting ”). The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard small business consulting rates.

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Your Work Isn't Finished Even Though the Customer Has Paid

Your Virtual Credit Manager

Prompt and accurate Cash Application is an absolute requirement for running a successful, profitable business. Please feel free to share this newsletter with your small business customers. Share A Cautionary Tale An apparel company with annual sales of $200 million had approximately 5,000 small and medium size customers.

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Overcoming the Challenges Caused by Disputes and Deductions

Your Virtual Credit Manager

Bill promptly, invoice accurately, and respond quickly to disputes and deductions and you will get paid sooner rather than later. Please share this newsletter with your small business customers. In many cases this will recover a large portion of the total invoice amount. it just might help them pay you sooner!

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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. it just might help them pay you sooner!

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Eight Signs a Customer Is Becoming a Problem Debtor

Your Virtual Credit Manager

Please feel free to share this newsletter with your small business customers. Their Credit Report Shows Other Suppliers Being Paid Promptly: This may indicate cash flow problems, but it also shows your firm is unimportant to them. Do you need help with your credit policies and procedures?