Your Virtual Credit Manager

FEBRUARY 4, 2025

There needs to be a determination of the risk of the new account going delinquent or defaulting in accordance with your firm’s tolerance for credit risk. There are invoice disputes. Customers default. Credit management takes center stage when: New customers apply for credit terms.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Invoice Disputes Bad Debt 130

Your Virtual Credit Manager

JANUARY 10, 2023

Photo by Patrick Hendry on Unsplash Although defaults resulting in significant bad debt losses are a rare event for trade creditors, much of the focus of AR Management is on credit risk. While the impact of defaults can be severe, late payments are very common though their impact less visible.

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Default 130

Emagia

MARCH 3, 2025

A structured dispute resolution process minimizes delays in payment collection. Collections Management Effective collections management involves tracking overdue invoices and implementing escalation strategies for persistent defaulters. What challenges are commonly faced in the accounts receivable process?

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Your Virtual Credit Manager

MARCH 19, 2024

In contrast, legitimate disputes and payment deductions are typically indicative of a discrepancy between your invoice and the customer’s purchase order, which can be easily reconciled. Collection Activity: Request detailed explanations for invoice disputes and require supporting documentation to substantiate the claims.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

Your Virtual Credit Manager

MARCH 11, 2025

The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights. To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly). Do you need help improving cash flow?

Days Sales Outstanding 130

Days Sales Outstanding Credit and Collections DSO Accounts Receivable (AR) 130