Remove Default Remove High-Risk Accounts Remove Presentation
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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

Just 25 years ago, credit executives were primarily concerned with financial risks — except of course for the Y2K bug that briefly stole the spotlight. Back then, the main question was simple: will this account pay us? Delinquency risk and the risk of default were the primary focus.

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Supercharge Your Collections

Your Virtual Credit Manager

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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Balancing Credit Sales with Profits

Your Virtual Credit Manager

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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Is Your AR Management up to the Task?

Your Virtual Credit Manager

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.

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Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

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. PLEASE NOTE: Due to the July 4th holiday there will be no post next week.