Your Virtual Credit Manager

SEPTEMBER 12, 2023

YVCM was launched in 2021 and continues to grow. To make matters worse, invoice errors also tend to generate payment deductions (partial payments). Correcting invoices and reconciling payment deductions are essentially rework: work that is not necessary if you got it right the first time.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Due

JULY 13, 2023

of bankruptcies are caused by medical expenses , making it the most common cause of bankruptcy. trillion in 2021 , which is $12,914 per person and accounted for 18.3% In general, being healthy can result in reduced premiums, copays, and deductibles. A staggering 66.5% But, it gets worse. An increase in productivity.

Bankruptcy 98

Bankruptcy Deductions Insurance Companies 98

Due

JANUARY 24, 2024

These are only some unfortunate events that led to bankruptcies and macroeconomic weakness. And they only had limited time and resources to recover from their bankruptcy. Today, the US economy is weaker than its 2021 levels but much more stable than in 2022. Yet, the memories of their aftermath have remained remarkable.

Bankruptcy 52

Bankruptcy Insurance Companies Deductions 52

Your Virtual Credit Manager

JUNE 13, 2023

Subscribe now The Increasing Risk of a Growing Number of Defaults Commercial bankruptcies began rising late last year after the historic lows of 2020 and 2021. Over 5 million businesses, mostly small, were formed over the twelve months ended September 2021. This is year two for those 5 million businesses.

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Your Virtual Credit Manager

MARCH 21, 2023

In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. That’s why deposits at the bank were shrinking after growing by 86 percent in 2021.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

Due

MARCH 28, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. At the end of 2021, GDP per capita reached $12,235 , a 12 percent year-over-year growth. Therefore, in 2021, labor market conditions improved as unemployment decreased by 4.1 Next, deduct the total amount from your monthly income. Today, the U.S.

Bankruptcy 75

Bankruptcy Brokerages Deductions Transactions 75

Due

MARCH 4, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. At the end of 2021, GDP per capita reached $12,235 , a 12 percent year-over-year growth. Therefore, in 2021, labor market conditions improved as unemployment decreased by 4.1 Next, deduct the total amount from your monthly income. Today, the U.S.

Bankruptcy 72

Bankruptcy Brokerages Deductions Transactions 72