article thumbnail

The digital revolution: Finech technologies to optimise your credit management process

On Guard

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.

article thumbnail

Power up your ERP for flexible credit management

On Guard

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

Customer Insolvency: When a customer goes bust, retrieving owed funds becomes complex. Educate Your Team: Ensure your team is well-versed in effective credit management and negotiation skills. Disputed Invoices: Discrepancies over invoiced amounts or services can lead to stalled payments.

article thumbnail

APIs – The driver behind data management

On Guard

Have you been curious about how debtor statuses like credit limits appear based on filter options within an administration? In the context of credit management software, an API might be used to allow the software to communicate with other financial systems or databases.

article thumbnail

APIs – The driver behind data management

On Guard

Have you been curious about how debtor statuses like credit limits appear based on filter options within an administration? In the context of credit management software, an API might be used to allow the software to communicate with other financial systems or databases. The benefits of APIs in credit management.