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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.

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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.

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APIs – The driver behind data management

On Guard

In the context of credit management software, an API might be used to allow the software to communicate with other financial systems or databases. For example, the credit management software might use an API to retrieve information about a customer’s credit history or to update a customer’s account balance.

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APIs – The driver behind data management

On Guard

In the context of credit management software, an API might be used to allow the software to communicate with other financial systems or databases. For example, the credit management software might use an API to retrieve information about a customer’s credit history or to update a customer’s account balance.

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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.

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How to Prevent Bad Debts in 2023. Tips from a Debt Collector

Debt Recoveries

Have the right to retrieve the products if “perfected” the security but did not get paid. Do you employ a credit management system? Put systems and procedures in place for debt collection and credit control. Use the Personal Property Security Register if supplying items with a high value (PPSR).

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Switzerland’s Largest Car Leasing Company Accelerates Business

Fico Collections

With more than 150,000 leasing contracts under management, AMAG Leasing AG has been able to automate large parts of the decision-making procedure involved in striking new leases so that the company will be able to handle 50 percent more applications with the same workforce, thanks to the power of FICO® Decision Modeler.