Remove Credit Management Remove Invoice Disputes Remove Order to Cash
article thumbnail

Are Your Credit & Collection Policies Aligned with Company Goals?

Your Virtual Credit Manager

.” The Role of Credit in a Commercial Enterprise If you grant credit to your business customers, it is also imperative that credit, collections, and AR management issues be addressed. Credit management takes center stage when: New customers apply for credit terms. There are invoice disputes.

article thumbnail

How can you enhance your business’ credit management function?

Credit Management Group UK

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. Sales and credit control in particular should work closely together as these are the two-main customer facing roles.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tips for Dispute Resolution in Business

Credit Management Group UK

The trick is to identify disputes early so resolution is found quickly, and ensuring that you are still paid on time. The Order to Cash Process. Continually ensuring the smooth running of your order to cash process is vital to dispute resolution in business. What can be disputed?

article thumbnail

The Ultimate Guide to B2B Payment Automation

TreviPay

A solution like TreviPay, can combine payment automation with credit management and B2B financing to complete order-to-cash automation. B2B financing solutions address common challenges in B2B transactions, such as long payment cycles, cash flow constraints, and the need for working capital.

article thumbnail

The Case for Electronic Invoice Presentment and Payment

Your Virtual Credit Manager

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.