Remove Credit Risk Remove Past Due Invoices Remove Transactions
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Mitigating Commercial Credit Fraud

Your Virtual Credit Manager

When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures.

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Position Your AR to Enhance Working Capital

Your Virtual Credit Manager

Your Virtual Credit Manager is a reader-supported publication. Do you need help assessing your customers’ credit risks? The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable insights.

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It's Time to Give Your AR Ledger a Spring Cleaning

Your Virtual Credit Manager

Subscribe now The Problem with AR Clutter In a perfect world, your AR Ledger would contain only whole, current invoices; or at least nothing seriously past due. Invoice balances that remain unpaid 60 or 90 or more days beyond their due date are not providing any benefits. Be decisive and action-oriented.

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Is Your O2C Process Optimized for Superior AR Performance?

Your Virtual Credit Manager

To continue reading and learn how to recognize O2C shortcomings along with seven critical factors for AR success you must be a paid subscriber to Your Virtual Credit Manager. Do you need help assessing your customers’ credit risks? Lack of transparency and visibility into customer interactions can hinder performance.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Share How to Clean Up Your AR Ledger Launch a collection program to collect all past due invoices at least 15 days late. Clear from your AR ledger as many of the clutter transactions as possible. Match as many unapplied payments and unapplied credit memos to open invoices, deductions, and debit memos as possible.

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Are Cracks in Your Order-to-Cash Process Hurting Your Company?

Your Virtual Credit Manager

Credit risk management also plays a huge role in the O2C process—a loose credit policy is likely to be accompanied by lagging customer payments and an increased risk of bad debts, while tighter credit controls can result in profit opportunities being missed.