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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

Initial Sources of Customer Insights The new customer credit application is typically the initial source of customer credit insights, though a credit bureau score or rating will, in some instances, suffice for relatively small dollar transactions. Business credit is very dynamic, especially across a portfolio of accounts.

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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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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.

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9 Trade Credit Traps to Avoid

Your Virtual Credit Manager

Often, small orders are better handled on cash in advance terms or via a credit card transaction rather than the granting of open credit terms. Please feel free to share this newsletter with your small business customers. Small businesses are less risky customers than large businesses.

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Payline Data Review 2019: Features, Cost, Alternatives

Fundera

Overall, it is an omni-channel solution that can plug into your transaction management system and start working right away. Payline Data also provides a chargeback prevention platform to help your business battle chargebacks and win more revenue. per transaction. Virtual Terminal. Credit Card Terminals. Customer Service.