Your Virtual Credit Manager

MARCH 26, 2024

Economic circumstances may prompt a vendor to either tighten or loosen its credit policies and customer credit limits. Going beyond the impact of macroeconomic trends, a company’s customers operate in dynamic business environments, and for a majority of them, the credit risk they pose is either increasing or decreasing.

Bankruptcy 130

Bankruptcy Bad Debt Credit Scoring Chapter 11 130

Your Virtual Credit Manager

JANUARY 23, 2024

Among other things, commercial bankruptcies have been steadily climbing over the past year. Consequently, where the risks are concentrated in your AR portfolio can change significantly from year-to-year, which is why you need to have a program that involves both periodic account reviews and portfolio monitoring.

Credit Application 130

Credit Application Bad Debt Bankruptcy Credit Scoring 130

Your Virtual Credit Manager

DECEMBER 6, 2022

Cash Flow is the number one cause of small business bankruptcies. The solution is the implementation of credit and collection best practices geared to ensure customer profitability and sufficient cash flow. Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Know-It Global

JUNE 20, 2023

Credit control is a vital aspect of financial management for businesses. It involves managing credit sales and making informed credit decisions, ensuring timely payment from customers, and minimising bad debt. Setting Up Credit Control Processes 1.1 Setting Up Credit Control Processes 1.1

Bad Debt 19

Bad Debt Credit and Collections Debt Collections Credit Risk 19