article thumbnail

Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

Two weeks ago we recapped the three most read articles from 2023: identifying red flags, understanding why customers pay late, and the secrets of successful collectors. From a credit management perspective, these are largely reactive topics. Then last week we looked at credit hold best practices. There is nothing wrong with that.

article thumbnail

7 Accounts Receivable Goals for Growth in 2023 & Beyond

The Esker Blog

With collections, this could look like manually sorting and filtering through AR aging reports or searching for follow-ups in Outlook calendars and even sticky notes. Overall, reassessing receivables is a matter of identifying opportunities for improvement and adopting best practices to help you accomplish your goals.