CICM

AUGUST 14, 2023

Have a Credit Policy Emphasise the importance your business places on managing financial risk by setting out your policies and procedures in a Credit Policy , which is made available to all staff. Having a Credit Policy defines what best practice looks like in your organisation and encourages consistency.

Credit Management 52

Credit Management Collections Creditworthiness Collection Agencies 52

On Guard

APRIL 28, 2023

This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. The roadmap below provides guidance on how to use data: 1.

Credit Management 52

Credit Management Debtor Creditworthiness Collections 52

Receivables Control

OCTOBER 29, 2021

Receivables Control has recognized these challenges and we have created programs that can assist your credit department and also alleviate the stress you are experiencing from staffing shortages. You retain visibility and control of your accounts. Finance and credit departments aren’t immune to these problems. Staffing Alternatives.

Retail 98

Retail Collections 98

CICM

OCTOBER 25, 2023

How Aggregate Industries are transitioning to net-zero Transitioning to a net-zero carbon footprint is a significant priority for Aggregate Industries. Aggregate Industries is also committed to assessing and improving the carbon footprint of its products, aligning them with sustainability goals.

Credit Management 40

Credit Management Creditworthiness Banks Collections 40

On Guard

DECEMBER 1, 2022

This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. . The roadmap below provides guidance on how to use data: 1.

Credit Management 52

Credit Management Debtor Creditworthiness Collections 52

On Guard

MARCH 23, 2022

Any attempt to ignore or avoid it will leave your company struggling to compete in a new and dynamic world that attracts the top graduates. KPI metrics like Days Sales Outstanding (DSO) provide an excellent way to demonstrate the higher value that existing employees offer. Highlight the typical salary plan of a credit professional.

Credit Management 52

Credit Management Judgment Collections 52

CICM

MAY 19, 2022

Nils Strachanowski, VP Product for Cash Application, discusses how humans and Artificial Intelligence can collaborate in Accounts Receivable Management to achieve the best possible results. How can you assist your clients in meeting and overcoming these obstacles? Firstly there is ‘neat end to end processing’.

Accounts Receivables Management 52

Accounts Receivables Management Banks Credit Management Trade 52

Re:Ceeve

MAY 28, 2020

How can a business continuously improve its collections processes and further grow? How can one implement fast, new solutions to clients? I wanted to take the time to share how we are working together to support their operational and growth goals by: Adding channels to drive ?resolutive Ferratum? - resolutive dialogue.

Collections 92

Collections Collection Agent Banks Lender 92

On Guard

AUGUST 9, 2023

And what opportunities do they offer your organisation? Let’s look at a concrete application in which a number of such technologies come together: the data-driven credit management system, discuss how to set up such a system and finally, why amid all these new technologies, it is important not to lose sight of the human aspect either.

Credit Management 52

Credit Management Retrieval Debtor Creditworthiness 52

Re:Ceeve

JUNE 12, 2020

It only takes one bad experience for a customer to jump ship to one of your competitors. While you might be aware of CRM systems and mobile banking apps, how does this method work in the world of debt collection? Multiply this by thousands over the period of a year and suddenly there is a significant problem with cash flow.

Collections 91

Collections Acquisition Retrieval Collection Agent 91

Taurus Collect

JANUARY 13, 2020

When you first send out an invoice to a customer, the last thing on your mind is debt recovery and what you will do to collect it. After all, plenty of customers will pay on time, or certainly within an acceptable timeframe for your cashflow to be sustainable and healthy. In the industry this is called DSO (Days Sales Outstanding).

Debt Recovery 40

Debt Recovery Collection Agencies Collections Agency Debt collector 40

On Guard

MARCH 26, 2021

With levels of business debt continuing to increase, 55% of UK businesses have reported an over 10% increase in their DSO rates. It’s also possible to create an internal risk strategy to determine how late payment from a customer can impact on the business. Getting paid in a perfect storm: six benefits of an order-to-cash platform.

Credit Management 52

Credit Management Collections Collection Agencies Collections Agency 52

Re:Ceeve

SEPTEMBER 10, 2020

However, data on its own is of little use—the real magic happens when you turn raw data into tangible assets that add value to your business. But how does this affect collections? Guided by their internal data, companies know how to get in touch with the right buyer, at the right time, with the right content. The Data Directive.

Lender 54

Lender Collections Financial services 54

On Guard

MARCH 15, 2022

Every entrepreneur struggles with the question: how do I get my invoices paid faster? We will help you on your way with four tips. The good news is that the number of days that an invoice is outstanding (the DSO) at companies is steadily reducing in recent years. But how do you get your customers to pay up sooner?

Creditworthiness 52

Creditworthiness Collection Agencies Collections Agency Credit Management 52

On Guard

JANUARY 19, 2021

After all, it helps you manage all your core business processes from a single application. Data is shared across your organisation, in real-time and it seems like you can do everything with it, right? Order-to-cash (O2C) is a complicated process, and to do it successfully, you’re going to need a lot of different tools at your disposal.

Credit Management 52

Credit Management Collections 52

Re:Ceeve

JUNE 5, 2020

One of the biggest challenges in debt collections is trying to create an effective dunning process that ensures outstanding balances are settled promptly and customers remain loyal to your company. It should focus on the customer and their individual situation. Customer preference vs current collections strategy.

Collections 83

Collections Acquisition Debt Management 83