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A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

While emails are often used, phone calls can be more effective, especially for high-risk accounts. Learn More About Consulting Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, and Equifax through our partner accredit.

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After the Credit Application: Getting to Know Your Customers Even Better

Your Virtual Credit Manager

Business credit is very dynamic, especially across a portfolio of accounts. Today’s low-risk customers can very quickly become tomorrow’s high-risk accounts. Learn More About Credit Reports Please share this newsletter with your small business customers. Share Read more

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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. Share A Case in Point A parts distributor was having difficulty with collections and high dispute volumes. it just might help them pay you sooner!

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Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

Please feel free to share this newsletter with your small business customers. Share The High-Risk Account: Ideally you do not want to extend credit to high risk accounts. It's important to note that not all high-risk accounts are inherently detrimental to a business.

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Effectively Collecting Receivables Is a Time Management Challenge

Your Virtual Credit Manager

Execution and Escalation then round out the three key elements of an effective and efficient Collection effort: Please feel free to share this newsletter with your small business customers. When cash flow is critical, you may even want to reach out to key customer or high risk accounts about a week before payment is due.

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

Please feel free to share this newsletter with your small business customers. The experts at Your Virtual Credit Manager are ready to help you improve cash flow and reduce AR risks during these challenging times. We are currently offering 33 percent off our standard small business consulting rates.

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Supercharge Your Collections

Your Virtual Credit Manager

For small business executives, and many mid-sized businesses as well, managing collections effectively can be a significant challenge, particularly when time and resources are limited. Over time, this erodes profitability and financial stability, making it harder to keep the business running smoothly.