Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Credit Management Group UK

DECEMBER 16, 2024

Start as you mean to go on Put a detailed strategy in place for your commercial credit management before Christmas so you can hit the ground running when you return for the New Year. Your strategy should incorporate the entire order to cash process and should have buy-in from all departments.

Credit Management 82

Credit Management Credit and Collections Order to Cash Credit Risk 82

Your Virtual Credit Manager

FEBRUARY 6, 2024

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 130

Your Virtual Credit Manager

DECEMBER 24, 2024

Beware of outsourcing companies that focus on all aspects of finance and accounting—they will likely under-resource credit and collections and therefore under-perform. Firms that specialize in the order-to-cash process can be a better fit, but they are typically geared to serving larger organizations.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

MAY 7, 2024

Credit Risk: Persistent payment issues with a customer often signal credit risk, impacting a supplier's ability to secure financing or credit insurance related to the receivable in question. This can limit a supplier's capacity to extend credit to other customers. Paper checks are no longer the norm.

Credit and Collections 130

Credit and Collections Credit Risk Credit Management Order to Cash 130

Your Virtual Credit Manager

JANUARY 3, 2023

Do not match unapplied credits with open deductions and debits unless there is documentation to relate them or you will be in violation of escheatment laws. Refresh the credit risk ratings and credit limits of customers that have not been updated within the past two years. Update your customer master file.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Onguard

MAY 24, 2023

Therefore, leveraging dynamic data, such as fraud analysis, trade payment data, CCJ or legal information, is necessary to reduce risks. These live data can be easily integrated into accounting or CRM platforms and help identify risk areas in terms of bad debtors. The risk of fraud Fraud can cause major problems for businesses.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

Therefore, leveraging dynamic data, such as fraud analysis, trade payment data, CCJ or legal information, is necessary to reduce risks. These live data can be easily integrated into accounting or CRM platforms and help identify risk areas in terms of bad debtors. The risk of fraud Fraud can cause major problems for businesses.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

Therefore, leveraging dynamic data, such as fraud analysis, trade payment data, CCJ or legal information, is necessary to reduce risks. These live data can be easily integrated into accounting or CRM platforms and help identify risk areas in terms of bad debtors. The risk of fraud Fraud can cause major problems for businesses.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Credit Management Group UK

MAY 6, 2024

Due diligence Carrying out due diligence on current and prospective customers can help in identifying those customers that pose more risk to your business. Credit risk reporting can highlight anything untoward with regards to a company’s credit risk, for example any CCJs.

Credit and Collections 81

Credit and Collections Credit Risk Order to Cash Credit Management 81

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Your Virtual Credit Manager

MARCH 12, 2024

(Photo by David Gardiner on Unsplash ) Updating trade credit programs goes beyond defensive measures; it should also align with growth strategies, lower operational costs, and enhance the customer experience. This is because your AR portfolio is a fount of information waiting to be tapped.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

Credit Management Group UK

JUNE 16, 2024

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to.

Credit Management 98

Credit Management Credit and Collections Order to Cash Credit Risk 98

Serrala

AUGUST 29, 2022

The below will guide you through a few easy steps to identify if your credit landscape is due an upgrade. Credit Risk Management Software for Effective Credit Control Proactive credit risk management is a must to support a healthy business strategy.

Credit and Collections 52

Credit and Collections Credit Risk Dashboards Credit Scoring 52

Emagia

DECEMBER 4, 2024

Manufacturing Manufacturers often juggle extensive customer bases, complex credit risks, and high invoicing volumes. Emagia provides tools to: Automate credit management and collections. Emagia helps by: Automating revenue recognition and cash application. Optimizing global Order-to-Cash (O2C) processes.

Revenue Recognition 52

Revenue Recognition Credit and Collections Days Sales Outstanding Deductions 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. Bild What can our Invoice-to-Pay solutions do for you?

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Emagia

SEPTEMBER 23, 2024

Effective cash management is critical for organizations to meet financial obligations and invest in growth. A streamlined invoice-to-cash (I2C) process—an integral part of the broader order-to-cash (O2C) cycle—significantly impacts an organization’s ability to manage cash flow.

Invoice to Cash 52

Invoice to Cash Order to Cash Credit and Collections Bad Debt 52

Emagia

SEPTEMBER 27, 2023

A majority of credit leaders who spoke on site at the Gateway Conference with representatives from Emagia noted that their companies had either begun integrating AI into their credit and finance operations or were actively exploring solutions to implement by early 2024.

B2B Credit 52

B2B Credit Credit and Collections Order to Cash Cash Applicator 52

Emagia

JANUARY 3, 2023

Emerging technologies such as AI, ML, RPA, Robotics, IoT, and blockchain, among others, are making all business operations and processes including Order to Cash (OTC) or a Cash Application autonomous with minimum human supervision and support. Cash application, like most processes in business, used to be manual.

Cash Applicator 52

Cash Applicator Automated Cash Application DSO Credit and Collections 52

TreviPay

AUGUST 8, 2023

The most widely known credit decisioning model is the 5 Cs of credit. The 5 Cs of credit The 5 Cs of credit is a framework for evaluating a borrower’s creditworthiness. By evaluating each ‘C’, lenders can make informed decisions about who they lend credit to and what rates to offer.

Credit and Collections 52

Credit and Collections Credit Risk Credit Card Companies Credit Application 52

Emagia

JUNE 21, 2024

With the rapid advancement of digital technology, businesses can no longer afford the inefficiencies of slow credit applications, validations, and approvals. Empowering the credit team with intelligent Order-to-Cash (OTC) digital solutions is essential. FAQs What is a B2B credit application?

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit and Collections 40

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Your teams can securely review transaction information and perform needed actions on the spot.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk Default 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Your teams can securely review transaction information and perform needed actions on the spot.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk Default 52

Gaviti

DECEMBER 18, 2024

These types of reports include cash flow forecasting, aging reports, DSO calculations, and A/R performance. These reporting features also help businesses predict trends and make more informed strategic business decisions. With the help of its AI assistant, it gathers information from various financial systems (e.g,

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Emagia

OCTOBER 16, 2024

Deloitte emphasizes that data analytics provides the insights needed for finance professionals to navigate complex environments, comply with regulations, and make informed, strategic decisions. By examining past performance, finance leaders can identify trends and patterns that inform future strategies.

Credit Risk 52

Credit Risk Order to Cash Transactions 52

Gaviti

OCTOBER 10, 2024

For example, finance teams might apply it towards cash flow forecasting, credit risk assessment and identifying the best investment opportunities. Its AI copilot works throughout the entire solution both to gather information, optimize text and workflows, and make proactive suggestions for improvement.

Invoice to Cash 52

Invoice to Cash Credit and Collections DSO Payment Portals 52

Emagia

FEBRUARY 2, 2024

Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements.

B2B Credit 52

B2B Credit Credit and Collections Credit Application Credit Management 52

Emagia

DECEMBER 30, 2024

Their responsibilities include: Maintaining bookkeeping databases and spreadsheets and updating information as needed. Updating client accounts based on payment or contact information. Artificial intelligence (AI) and machine learning algorithms can predict payment behaviors, assess credit risks, and optimize collection strategies.

DSO 40

DSO Days Sales Outstanding Credit and Collections AR Aging 40