Deductions High-Risk Accounts Presentation 
Your Virtual Credit Manager
JUNE 27, 2023
Photo by Keren Fedida on Unsplash Each business customer presents a unique set of circumstances. Identifying the groupings within your customer accounts receivable (AR) portfolio enables you to deal with them all more effectively and efficiently. Firms that take a lot of payment deductions can fall into this category.
Your Virtual Credit Manager
NOVEMBER 14, 2023
Credit industry groups discuss the payment history of common customers, but they always have an independent moderator present so that customer discussion do not veer off onto the topic of how individual companies plan on selling those same customers in the future. Credit Insurance policies often exclude individual, high risk accounts.
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Your Virtual Credit Manager
APRIL 11, 2023
That all the above consequences can present themselves simultaneously, only makes the downside worse. Poor Credit Controls: Poor credit control practices can result in providing goods or services to high-risk accounts that are likely to pay beyond terms or even default on payments. Here’s more on Credit Checks.
Your Virtual Credit Manager
SEPTEMBER 17, 2024
Electronic Invoice Presentment and Payment (EIPP) platforms benefit both you and your customer, especially when your EIPP solution can communicate electronically with a wide variety of AP invoice capture platforms.
Gaviti
DECEMBER 18, 2024
These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses. What Is Accounts Receivable Reporting Software? Greater A/R efficiency.
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