Your Virtual Credit Manager
APRIL 2, 2024
Still others may be predictive of default, financial distress or financial health, and creditworthiness. Companies tend to offer more favorable terms to customers with higher credit scores, such as higher credit limits or longer payment terms while imposing stricter terms on higher-risk customers with lower scores.
Your Virtual Credit Manager
JUNE 20, 2023
The problem is, this policy approach usually results in reducing revenue from higher credit risk customers — a double edged sword that results in less risk, but also puts a break on sales. By altering its Credit Risk Management Policy in this way, businesses can boost revenue and protect profitability.
Your Virtual Credit Manager
DECEMBER 6, 2022
Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order. Without effective AR management, your cash flow is subject to entropy as the AR ages, as well as to the shocks caused by customer defaults. it just might help them pay you sooner!
Expert insights. Personalized for you.
130 
Let's personalize your content