Your Virtual Credit Manager

JUNE 27, 2023

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.

Collector 26

Collector Credit and Collections High-Risk Accounts Accounts Receivable (AR) 26

Emagia

JANUARY 2, 2025

In this blog, we will explore the crucial role AI plays in accounts receivable, how it can benefit businesses, and the challenges it presents. What is Accounts Receivable? Accounts receivable refers to the outstanding money owed by customers to a business for goods or services provided.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application 40

Your Virtual Credit Manager

SEPTEMBER 17, 2024

They understood the dynamics that affected their customers and marketplace, as well as the credit controls needed to keep credit risk in check in this environment. They also kept very good records on their customers and their purchases, so there were no issues with transactional visibility.

Credit and Collections 100

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 100

Fundera

MAY 12, 2019

Overall, it is an omni-channel solution that can plug into your transaction management system and start working right away. Note that with a high-risk merchant account you will likely have to accept higher monthly and per-transaction fees. In addition, card-not-present customers must verify their address.

Transactions 40

Transactions Nonprofit Organizations Credit Card Payments High-Risk Accounts 40

Bectran

MARCH 5, 2025

Risk Segmentation Model With a standardized risk scoring system in place, the next step is to understand the results delivered and the differences between accounts that pose a high risk of default and those that pose a low risk. They are also an additional source of variance across different AR departments.

Bad Debt 52

Bad Debt High-Risk Accounts Credit and Collections Default 52

Emagia

FEBRUARY 14, 2025

Payment Scheduling : Customers can schedule payments in advance, ensuring timely transactions and improved cash flow management. Real-Time Payment Tracking : Businesses can monitor payment statuses in real-time, allowing for prompt action on overdue accounts. Retail : Handles high transaction volumes and manages customer payment plans.

Cybersecurity 40

Cybersecurity Transactions High-Risk Accounts Insurance Companies 40