Remove Deductions Remove Invoice Amount Remove Small Businesses
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Resolving Disputes and Payment Deductions Quickly Preserves Profits

Your Virtual Credit Manager

Disputes and payment deductions can raise havoc with your revenue, profit and cash flow. They sap your revenue, one small drip at a time. With disputes and deductions, however, you are being asked to accept less money than you billed, not to mention any resolution costs involved trying to recover the lost revenue.

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Overcoming the Challenges Caused by Disputes and Deductions

Your Virtual Credit Manager

The bad news is that it is not for the full amount. Disputes and Deductions occur when a customer believes an order has not been satisfactorily fulfilled, or it has been invoiced incorrectly. Prove to them the accuracy of your invoice, and you should get paid. The good news is your customer has sent you a payment.

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Eight Signs a Customer Is Becoming a Problem Debtor

Your Virtual Credit Manager

If a customer regularly pays late, constantly takes payment deductions, generates a high return volume, or constantly raises disputes, your net profits will be negatively affected. Please feel free to share this newsletter with your small business customers. A high volume of payment deductions will cause profit dilution.

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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. Well, it’s not.

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The Essential Connection: Small Business Working Capital and Profit

Eagle Business Credit

Starting a small business can be an exciting venture filled with dreams of success and profitability. In this article, we will explore the essential relationship between working capital and profit, breaking down complex financial concepts into digestible bites for small business owners.

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Your Work Isn't Finished Even Though the Customer Has Paid

Your Virtual Credit Manager

Prompt and accurate Cash Application is an absolute requirement for running a successful, profitable business. Please feel free to share this newsletter with your small business customers. Share A Cautionary Tale An apparel company with annual sales of $200 million had approximately 5,000 small and medium size customers.

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How Much is a Small Business Loan? Our Product-by-Product Chart Breaks It Down

Fundera

Sometimes you just need extra capital to grow your business. If you’re not willing to give up equity in your company or don’t qualify for small business grants , then taking on a business loan could be the way to go. However, business loans certainly aren’t free money to use as you please for your business.