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Supercharge Your Collections

Your Virtual Credit Manager

A former client had the necessary credit and collection expertise for their industry. They understood the dynamics that affected their customers and marketplace, as well as the credit controls needed to keep credit risk in check in this environment. Do you need help assessing your customers’ credit risks?

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Balancing Credit Sales with Profits

Your Virtual Credit Manager

Selling only to financially strong customers reduces the risk of bad debt loss, (and the cost of Credit and Collections activity required). Most companies, however, need incremental sales volume from higher-credit-risk customers to break even and achieve profitability. Insurers want to be paid for the risk they bear.

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

More About Purchasing Credit Reports Over time, insights gained from this approach can inform risk assessments for new accounts, which you can use to refine your credit risk parameters.

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

To continue reading and learn four essential risk-based questions to ask when evaluating a customer’s credit-worthiness, you must be a paid subscriber to Your Virtual Credit Manager. Do you need help assessing customer credit risks? Determine if they fall into the top, bottom, or middle quartiles.

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5 Methods to Reduce Late Payments

Gaviti

Streamline the credit process. Monitoring and limiting customer credit to customers with good credit risk helps to avoid late invoice payments, write-offs, and customer debt, all of which impact your cash flow. These components include: A/R management. Self-Service Payment Gateway.

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5 Methods to Reduce Late Payments

Gaviti

Streamline the credit process. Monitoring and limiting customer credit to customers with good credit risk helps to avoid late invoice payments, write-offs, and customer debt, all of which impact your cash flow. These components include: A/R management. Self-Service Payment Gateway.

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Trade Credit Insurance for Businesses: Definition, Benefits & How It Works

TreviPay

Benefits of Trade Credit Insurance There are many benefits to trade credit insurance. It offers businesses valuable protection and financial stability by safeguarding against trade credit risk. The seller is no longer at risk of customer non-payment and insolvency.