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 130

Bad Debt Credit and Collections Days Sales Outstanding DSO 130

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 52

Credit Risk Default Credit Management Credit and Collections 52

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 52

Credit Risk Default Credit Management Credit and Collections 52

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 111

Revenue Recognition Default Order to Cash Credit Management 111

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 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

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 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

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 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

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 181

Credit and Collections Order to Cash Transactions Default 181

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 130

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR) 130

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 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

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 130

Bad Debt Credit and Collections Third Party Collections Accounts Receivable (AR) 130

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 130

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

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 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

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 40

AR Automation Days Sales Outstanding DSO AR Metrics 40

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 142

Collector Transactions Default Order to Cash 142

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 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

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 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

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 52

Credit and Collections Credit Risk Credit Card Companies Credit Application 52

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 52

Credit and Collections Credit Risk Dashboards Credit Scoring 52

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 52

Credit Management DSO Credit and Collections Order to Cash 52

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 52

Credit Management DSO Credit and Collections Order to Cash 52

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 52

Credit and Collections Bad Debt Default Credit Risk 52

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 52

Credit and Collections Bad Debt Default Credit Risk 52

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 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52

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 52

Credit and Collections Transactions Order to Cash Default 52

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 52

DSO Invoice to Cash Days Sales Outstanding Insurance Companies 52

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 130

Order to Cash Credit and Collections Bad Debt Accounts Receivable (AR) 130

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 130

Collector Credit and Collections DSO Debt Collections 130

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 130

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

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 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130