article thumbnail

B2B Credit Management

TreviPay

Credit management is integral to accounts receivable management. Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It matters even more for companies working in the business-to-business (B2B) space. What is B2B credit management?

article thumbnail

Why is B2B Credit Automation Critical in The Digital Era?

Emagia

OTC, the main cash flow driver, has many subsets within it, and credit management is more important than it looks on the surface. The top line and bottom line will be positively impacted when a sales order is received and fulfilled, but your business is at risk till you collect cash against the invoice.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

article thumbnail

The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

article thumbnail

Credit and Finance Need to Make Moves Against Fast-Rising Bankruptcy Levels

Emagia

As NACM Connect ’s Great Lakes Conference closed the final in its trio of fall conferences in Ohio this week, experts from law practices like Lowenstein Sandler LLP and credit report giant Experian warned that corporate bankruptcy numbers are trending worse than any time since the pandemic began about 3 ½ years ago.

article thumbnail

Four Burning Questions About AI in Finance and Credit – Answered

Emagia

Most recently that meant talking with a group of leaders in the B2B credit industry as part of NACM South Central’s annual “Day at the Races” event in Louisville, KY. AI can help decrease DSO by improving collections and credit management processes. The short version is: yes. Remember, AI is a copilot not a catch-all.