On Guard

OCTOBER 31, 2023

Credit management, a term often associated with the finance department, turns out to be a dynamic process involving several departments within an organisation. Let’s face it, manual credit checks and invoice processing can be time-consuming and error-prone. Think sales, marketing, customer success and IT.

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CICM

NOVEMBER 6, 2023

Why Accounting Matters to Credit Professionals Accounting and credit management are closely interconnected, with the principles of accounting providing the foundation for effective credit management strategies. The course covers the core accounting principles essential for effective credit management.

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CICM

MAY 24, 2023

But, when his manager asked about anything he would like to study, he found us – the Chartered Institute of Credit Management. However, with the support of his manager, he never looked back and “ Everything changed ”. He says that, for school leavers, Credit Management is a career where you have no limitations.

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CICM

MAY 24, 2023

But, when his manager asked about anything he would like to study, he found us – the Chartered Institute of Credit Management. However, with the support of his manager, he never looked back and “ Everything changed ”. He says that, for school leavers, Credit Management is a career where you have no limitations.

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CICM

JUNE 6, 2023

However, if you are interested in the world of business and finance, an apprenticeship in credit management could be an excellent option for you. In this blog, we’ll delve into why you should seriously consider making an apprenticeship in credit management your next move. An apprenticeship is a great way to find yours!

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On Guard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. Credit management software solutions 4.

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CICM

AUGUST 14, 2023

To celebrate, here are 13 Best Practices in Credit Management and Collections. 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. Be Proud Last, but definitely not least.

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CICM

JULY 17, 2023

So what are the predictions for the credit management and collections industry for 2024? More Technology One of the most significant trends in the credit management and collections industry is the increased use of technology.

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On Guard

NOVEMBER 17, 2023

In the fast-paced landscape of today’s business world, credit management software is emerging as the cornerstone for organisational success. Our comprehensive whitepaper is here to guide you through the fundamentals of credit management software, which will guide you on the path to efficiency and excellence.

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On Guard

MAY 31, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

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On Guard

MAY 31, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

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On Guard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

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On Guard

APRIL 13, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

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CICM

OCTOBER 25, 2023

Enhancing Efficiency Through Automation & AI Integration The credit management landscape looks vastly different compared to ten years ago. The post The Future of Credit Management AI, Technology and Automation appeared first on Chartered Institute of Credit Management.

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Credit Management Company

MAY 19, 2021

. – May 2021 , In a continued effort to provide their clients with the best-in-class service and optimize the patient experience, Credit Management Company (CMC) is proud to announce their partnership with BillingTree! About Credit Management Company.

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On Guard

MARCH 19, 2021

From Excel to Excelling with Credit Management Software. It may come as a surprise, but a large number of businesses still rely on Excel for credit management. The UK, in particular, seems to be behind the rest of the world in adopting credit management software, relying instead on excel spreadsheets.

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On Guard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. . Credit management software solutions.

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Qualco

OCTOBER 25, 2023

Modern organisations harness technology to gain insights and foster stronger relationships throughout the credit lifecycle. Artificial Intelligence and Machine Learning automate credit scoring, making loan approvals swifter and more accurate.

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On Guard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

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On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

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On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

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On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

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CICM

JUNE 6, 2023

What is Credit Management? Credit Management is the strategy a business uses to safeguard its investment in its customers. When an organisation lends goods, services or money to others, the credit management function makes sure their transaction with that customer is safe and profitable.

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On Guard

JUNE 15, 2020

Data-driven credit management: four important considerations. For example, data-driven credit management can help to reduce the days sales outstanding (DSO) and help credit managers to create a better understanding of risk profiles. Lesson 3: Use existing APIs. This is efficient for two reasons.

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On Guard

NOVEMBER 5, 2020

Sue Chapple is the Chief Executive of the Chartered Institute of Credit Management(CICM), the world’s largest professional credit management organisation. There is currently so much uncertainty surrounding not only the future of the credit management industry but the economy as a whole.

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JMA

NOVEMBER 30, 2022

Cash flow is king in any business of any size, Read more » The post Why a Solid Credit Management Strategy is Vital for Your Business appeared first on JMA Credit Control. For small businesses in particular, if a customer doesn’t pay on time, it can have catastrophic effects.

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Debt Recoveries

DECEMBER 6, 2020

Therefore, I thought I would summarise some of the best options for better credit control and accounts receivable by highlighting the seven habits of a highly effective credit manager. A credit manager knows his customer. A credit manager knows that information is power. Make sure you email them.

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On Guard

NOVEMBER 17, 2020

The handbook for all your daily credit management challenges. In this handbook, we discuss the three main credit management challenges and give practical tips to ensure a financially healthy organisation. These software solutions enable finance professionals to meet the credit management challenges outlined above.

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On Guard

NOVEMBER 17, 2020

The handbook for all your daily credit management challenges. In this handbook, we discuss the three main credit management challenges and give practical tips to ensure a financially healthy organisation. These software solutions enable finance professionals to meet the credit management challenges outlined above.

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On Guard

OCTOBER 12, 2020

An Enterprise Resource Planning (ERP) system is a powerful tool for credit management and most companies, of all sizes, are now implementing ERP, according to a recent report. As a result, during these uncertain times, in particular, using an ERP on its own can put credit managers at a disadvantage.

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On Guard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

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On Guard

FEBRUARY 16, 2021

In instalment four of our Q&A series, Debbie Staat, Manager Customer Success & Support , discusses how businesses can embrace the future of credit management technology – leaving legacy systems behind and investing in new software to help streamline processes and payments.

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On Guard

FEBRUARY 4, 2022

In a previous blog just over three years ago, we discussed then-nascent technology – including artificial intelligence (AI) and Robotic Process Automation (RPA) – and its potential to shake up the credit management process for suppliers. Together, big data and AI can be particularly powerful credit management tools.

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On Guard

JUNE 19, 2020

5 key success factors for the smooth implementation of a credit management strategy. Credit management strategies are a vital aspect of any business. They allow them to manage their cash flow by devising processes and policies which prevent the late or non-payment of invoices. Don’t underestimate the processes.

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On Guard

JUNE 18, 2020

Coronavirus Crisis: 3 Tips for an Effective Data-Driven Credit Management Policy. As a credit manager, right now your biggest priority will be ensuring that your invoices are still being paid so you can maintain cash flow and ensure your organisation can continue to operate. These are uncertain times.

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CICM

OCTOBER 25, 2023

He offered five invaluable top tips for success in credit management, drawing from his extensive experience in the field, the main point being to foster personal connections with every client you come into contact with as this allows you to leverage your understanding of the individual and grow your partnership with them.

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CICM

FEBRUARY 27, 2023

Alternative examples of the ‘stick’ approach to credit management are last-resort measures, such as appointing a debt collector, or petitioning for a company to be wound up. creditor-services The post Credit Management: How tough should you get?- or call +44 20 7465 1919.

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