Default and Order to Cash - Credit Management Source

Are Your Credit & Collection Policies Aligned with Company Goals?

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. This not only impacts your cash flow but also diverts attention from business growth activities, thus creating a collection cost. Customers default.

Credit and Collections

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

Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

JANUARY 7, 2025

Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Photo by Jonathan Wheeler on Unsplash ) The Consequences of Poor AR Performance First and foremost, poor AR performance impacts your cash flow, which causes financial strain and operational challenges.

Days Sales Outstanding

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

Credit Cards – Reducing the Cost of Acceptance – You hold the keys to success

Credit Research Foundation

APRIL 12, 2024

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. Risk Mitigation – A seldom noted but important point is that a properly implemented program can reduce your risk of slow payment, fraud, and default within your portfolio.

Credit Card Companies

Credit Card Companies B2B Credit Bad Debt DSO

Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

APRIL 1, 2025

A high degree of transactional transparency across the entire Order to Cash Process (O2C), coupled with 360-degree visibility of customers and their life-cycles, is necessary to optimize accounts receivable (AR) performance. Do you need help improving cash flow? What if that information isn’t in one place?

Credit and Collections

Credit and Collections Sales Tax Exemptions Accounts Receivable (AR) Collector

A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

DECEMBER 31, 2024

Need help improving cash flow? Besides driving O2C process improvement, the experts at Your Virtual Credit Manager can apply default risk probabilities & other financial benchmarks to your AR portfolio to reveal actionable credit & collection insights. For more information on this subject, please click on this link.

Collector

Collector Credit and Collections Bad Debt High-Risk Accounts

5 Tips for Optimizing Your Order-To-Cash (O2C) Process

TreviPay

APRIL 28, 2023

What’s important about the order-to-cash cycle? An agile and efficient order-to-cash (O2C) cycle can have a huge impact on the success of your company, whether you are an SMB or a global organization. The post 5 Tips for Optimizing Your Order-To-Cash (O2C) Process appeared first on TreviPay.

Order to Cash

Order to Cash Credit and Collections Debt Collections Credit Management

Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

JANUARY 17, 2023

By aligning sales with the goal of your order-to-cash process — to be paid in full — you eliminate many of the problems that would otherwise be handled by the collections staff. it just might help them pay you sooner!

Credit and Collections

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices

11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

JUNE 25, 2024

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up.

Bad Debt

Bad Debt Credit and Collections Days Sales Outstanding DSO

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk

Credit Risk Default Credit Management Credit and Collections

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk

Credit Risk Default Credit Management Credit and Collections

What is Sales Area in SAP SD?

SAP Credit Management

AUGUST 15, 2023

It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. We can configure SAP Sales order pricing for the same product & customer based on Sales Area. Sales Area is more than just an assignment. We can maintain different product pricing in different Sales Areas.

Revenue Recognition

Revenue Recognition Default Order to Cash Credit Management

Is Your O2C Process Optimized for Superior AR Performance?

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections

Credit and Collections DSO Deductions Accounts Receivable (AR)

Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

FEBRUARY 13, 2024

Share Read on to learn six actions you can begin doing today to reduce the exposure of your AR portfolio to customers that are at risk of delinquency and default, and an additional three longer term initiatives you can implement that provide the added benefit of boosting future AR performance. it just might help them pay you sooner!

Bankruptcy

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR)

Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO

DSO Credit and Collections Bad Debt Collection Effectiveness Index

Sales in SAP S/4HANA Cloud, Public Edition – Automated Order Process with SAP´s Intelligent Technologies

SAP Credit Management

SEPTEMBER 5, 2023

In the following blog, I will give you an engineering expert view of some selected highlights of our SAP S/4HANA Cloud, private edition for Sales, to demonstrate that automation, system integration, and end-to-end transparency can help companies to transform their order-to-cash process with the shift to low-touch sales order processes.

Credit and Collections

Credit and Collections Order to Cash Transactions Default

Are You In Control of Your Receivables?

Your Virtual Credit Manager

OCTOBER 17, 2023

If you are running at close to one hundred percent capacity, you should be prioritizing less risky sales over those of customers that are more likely to default or pay late — there is no need to take on risky sales. A third factor that comes into play is your production capacity.

Bad Debt

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR)

Are Early Payment Discounts a Good Idea in Today’s Economy?

Your Virtual Credit Manager

FEBRUARY 28, 2023

Getting customers to pay now rather than later reduces the risk of a default down the road. Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times. What do you need help doing?

Bad Debt

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy

Should You Outsource AR Management?

Your Virtual Credit Manager

APRIL 18, 2023

Subscribe now An Overview of the AR Functions that Can Be Outsourced One option is to outsource all AR responsibilities in support of the order-to-cash (O2C) process: from billing to credit and collections to remittance processing. Not a subscriber … why don’t you take advantage of a free YVCM subscription?

Bad Debt

Bad Debt Credit and Collections Third Party Collections Accounts Receivable (AR)

Is Your AR Management up to the Task?

Your Virtual Credit Manager

APRIL 11, 2023

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. 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. Laissez-faire doesn’t cut it.

Bad Debt

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding

Is Your AR Generating All the Cash Flow It Should?

Your Virtual Credit Manager

SEPTEMBER 12, 2023

When unobserved risks build up in your AR, the impact will be slower payments and defaults leading to bad debts. Consequently, accounting software does not provide all the tools to support the entire order-to-cash (O2C) process, hence the need to resort to manual processes and tasks.

Credit and Collections

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions

Can Accounts Receivable Be Automated?

Emagia

FEBRUARY 21, 2025

By automating tasks such as invoicing, payment tracking, and collections, businesses can reduce manual intervention, minimize errors, and accelerate the order-to-cash cycle.

AR Automation

AR Automation Days Sales Outstanding DSO AR Metrics

FI – SD Integration – VKOA – Understanding Flow – SAP S/4HANA

SAP Credit Management

AUGUST 24, 2023

You can change the default value in the sales document or the billing document. Default settings G/L account assignments for the charts of accounts INT and the valuation grouping code 0001 are SAP standard. Procedure The system automatically proposes the account assignment group from the customer master record of the payer.

Collector

Collector Transactions Default Order to Cash

What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

Emagia

FEBRUARY 5, 2023

If the automated AR application can alert the collection team about the probability of any payments getting overdue, they can proactively reach out to such customers to try mitigating the risk of a likely payment defaults. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

AR Automation

AR Automation Days Sales Outstanding DSO Credit and Collections

A Guide to Credit Decisioning

TreviPay

AUGUST 8, 2023

Defaults, late payments, and poor credit history all work against borrowers. Conditions outside of both the lender’s or borrowers’ control might cause late repayments or defaulting on repayments. For businesses, credit decisioning can be viewed as a part of the wider order-to-cash (O2C) process.

Credit and Collections

Credit and Collections Credit Risk Credit Card Companies Credit Application

Industry: Pharmaceutical and life sciences

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. sites/default/files/styles/webp/public/202403/bg-industry-desktop.jpeg.webp?itok=sioB6G6S

Credit and Collections

Credit and Collections DSO Days Sales Outstanding Invoice to Cash

Product: FS2 Credit

Serrala

AUGUST 29, 2022

Brochure Brochure: Order to Cash With our unique O2C solutions you can significantly accelerate your cash application and collections through automation. sites/default/files/styles/webp/public/202301/Credit-for-SAP hero-bg.png.webp? Interested in a demo? Thank you for your submission.

Credit and Collections

Credit and Collections Credit Risk Dashboards Credit Scoring

Data-driven credit management software for customer segmentation

Onguard

APRIL 28, 2023

If customers default on their payments, this can have serious consequences and provide important insights for the credit management department. Finally, customer segmentation helps reduce the risk of payment default and achieve better results for the entire customer portfolio. But does this also apply to credit management?

Credit Management

Credit Management DSO Credit and Collections Order to Cash

Data-driven credit management software for customer segmentation and customer management

Onguard

DECEMBER 1, 2022

If customers default on their payments, this can have serious consequences and provide important insights for the credit management department. Finally, customer segmentation helps reduce the risk of payment default and achieve better results for the entire customer portfolio. Segmentation within credit management platforms.

Credit Management

Credit Management DSO Credit and Collections Order to Cash

Industry: Media and Entertainment

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. sites/default/files/styles/webp/public/202403/bg-industry-desktop.jpeg.webp?itok=sioB6G6S

Credit and Collections

Credit and Collections Bad Debt Default Credit Risk

Industry: Media and entertainment

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. sites/default/files/styles/webp/public/202403/bg-industry-desktop.jpeg.webp?itok=sioB6G6S

Credit and Collections

Credit and Collections Bad Debt Default Credit Risk

Industry: Utilities

Serrala

MARCH 14, 2024

Read more Learn more Discover how Serrala solutions are transforming the way utilities businesses handle their finances SUCCESS STORY Suez Water Technologies and Solutions – optimizing order to cash to reduce DSO Suez Water Technologies and Solutions help industries worldwide solve their toughest water, wastewater, and process challenges.

Credit and Collections

Credit and Collections Automated Cash Application Cash Applicator Bad Debt

B2B Embedded Finance

TreviPay

DECEMBER 1, 2023

Having a larger number of customers makes them less prone to the effects of individual clients defaulting. It also simplifies the order-to-cash process for B2B customers by integrating purchase controls and offering trade credit and net terms – features which can increase average order value (AOV) and customer lifetime value (LTV).

Credit and Collections

Credit and Collections Transactions Order to Cash Default

INDUSTRY PAGE: INSURANCE

Serrala

MARCH 14, 2024

Serrala helps you reduce the burden of financial management on your teams with intelligent invoice-to-payment, invoice-to-cash and treasury automation solutions that unify your business’s finances, boost decision velocity, and let you apply working capital quickly and accurately to strategic and tactical concerns. length>0){ jQuery('.mktoFormRow','fieldset[data-wrapper-for~="col1"]').each(function(i,

DSO

DSO Invoice to Cash Days Sales Outstanding Insurance Companies

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

Your Virtual Credit Manager

JANUARY 21, 2025

Large swaths of the order-to-cash (O2C) process involve credit and collection activities. Broadly defined, the credit’s contributions involve approving new customers for open terms and new orders at the front end of the O2C cycle. Do you need help improving cash flow?

Order to Cash

Order to Cash Credit and Collections Bad Debt Accounts Receivable (AR)

Nine Self-Defeating Collection Errors

Your Virtual Credit Manager

MARCH 18, 2025

In some cases, the cause has been a structural problem unrelated to their collectors’ efforts, situations caused by upstream issues in the order-to-cash (O2C) process. Do you need help improving cash flow? Other times, the problems were directly related to collection practices.

Collector

Collector Credit and Collections DSO Debt Collections

The Case for Electronic Invoice Presentment and Payment

Your Virtual Credit Manager

MARCH 11, 2025

Since then, there has been continuous improvement towards the holy grail of straight-through-processing (STP) across the order-to-cash (O2C) process. Do you need help improving cash flow? To receive new posts and support my work, please subscribe for just $5 per month ($49 yearly).

Days Sales Outstanding

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

The Case for Outsourcing Collections

Your Virtual Credit Manager

DECEMBER 24, 2024

Need help improving cash flow? Besides driving process improvement, the experts at Your Virtual Credit Manager can apply default risk probabilities & other financial benchmarks to your AR portfolio to reveal actionable credit & collection insights. Annual subscriptions are currently 40% off ($29.40) until the end of the year!

Credit and Collections

Credit and Collections Collector Bad Debt Accounts Receivable (AR)

Credit Management Source

Are Your Credit & Collection Policies Aligned with Company Goals?

Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Trending Sources

Credit Cards – Reducing the Cost of Acceptance – You hold the keys to success

Are Your Collection Efforts Myopic?

A Focus on Collections & Credit Fraud

5 Tips for Optimizing Your Order-To-Cash (O2C) Process

Sales Commissions Impact the Collection Process

11 Signs Your AR Portfolio May Be at Risk

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

What is Sales Area in SAP SD?

Is Your O2C Process Optimized for Superior AR Performance?

Get Ready for a Wave of Commercial Bankruptcies

Evidence It's Time to Adjust Your Collection Practices

Sales in SAP S/4HANA Cloud, Public Edition – Automated Order Process with SAP´s Intelligent Technologies

Are You In Control of Your Receivables?

Are Early Payment Discounts a Good Idea in Today’s Economy?

Should You Outsource AR Management?

Is Your AR Management up to the Task?

Is Your AR Generating All the Cash Flow It Should?

Can Accounts Receivable Be Automated?

FI – SD Integration – VKOA – Understanding Flow – SAP S/4HANA

What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

A Guide to Credit Decisioning

Industry: Pharmaceutical and life sciences

Product: FS2 Credit

Data-driven credit management software for customer segmentation

Data-driven credit management software for customer segmentation and customer management

Industry: Media and Entertainment

Industry: Media and entertainment

Industry: Utilities

B2B Embedded Finance

INDUSTRY PAGE: INSURANCE

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

Nine Self-Defeating Collection Errors

The Case for Electronic Invoice Presentment and Payment

The Case for Outsourcing Collections

Stay Connected