Your Virtual Credit Manager

JANUARY 9, 2024

Then last week we looked at credit hold best practices. From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

SEPTEMBER 12, 2023

Processing Delays There are several AR activities that often take longer than they should and therefore cause delays: processing credit applications, approving orders, generating invoices, and posting payments. Poor Credit Management' We’ve already talked about how poor credit decisions can impact sales and collections.

Credit and Collections 130

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

The Red Spectrum

MAY 18, 2023

This blog will explore when credit card payments report to credit bureaus , the factors influencing reporting timelines, and the importance of timely payments for maintaining a good credit score. What Are Credit Bureaus? Before diving into the details, let’s first understand what credit bureaus are.

Credit Card Payments 84

Credit Card Payments Credit Scoring Credit Reporting Agencies Credit and Collections 84

Your Virtual Credit Manager

MARCH 19, 2024

To continue reading and learn about eleven events or circumstances that should trigger a collection response, in addition to when a customer goes past due, you need to be a paid subscriber to Your Virtual Credit Manager. The experts at Your Virtual Credit Manager can help you bring in the cash.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Accounts Receivable (AR) 100

MNS Credit Management Group

MAY 20, 2022

The company’s creditworthiness is assessed in the Credit Opinion Report, which includes three elements: the MNS Business Information Report Rating, the probability of insolvency, and the recommended credit limit. What Distinguishes Mns Credit Management Group’s Credit Score From That Of Other Credit Bureaus?

Credit Scoring 52

Credit Scoring Credit Application Default Credit Management 52

Emagia

FEBRUARY 2, 2024

OTC, the main cash flow driver, has many subsets within it, and credit management is more important than it looks on the surface. This calls for a robust credit management system in place. What is B2B Credit Automation For The Digital Era? Most ERPs can automate only a small portion of credit control operations.

B2B Credit 52

B2B Credit Credit and Collections Credit Application Credit Management 52

Your Virtual Credit Manager

JULY 18, 2023

often will provide a substantial amount of payment and other financial information, enable you to establish a credit account for a customer, and be confident that they will pay reasonably well. Bureau Credit Scores can also provide a level of confidence, within predetermined parameters, for approving small dollar orders.

Credit and Collections 130

Credit and Collections Credit Scoring Credit Management Credit Application 130

Eagle Business Credit

MARCH 7, 2024

Creditworthiness and Credit Score Credit Scores: Banks typically look for a robust business credit score that reflects responsible credit management. A business’s credit score is a critical factor in their evaluation process.

Credit Scoring 52

Credit Scoring Credit and Collections Default Credit Application 52

Emagia

JUNE 12, 2023

This enables effective credit risk management by limiting loan options to individuals with a specified income level. What is Credit Risk Management Best Practices? Having comprehensive and accurate customer information enhances the effectiveness of credit risk analysis. When designing your credit risk analysis.

Credit Risk 52

Credit Risk Credit and Collections Bad Debt Default 52

Credit & Management Systems, Inc.

FEBRUARY 13, 2017

(CMS) is the leading developer of comprehensive system solutions for corporate and commercial credit management. CMS’s highly acclaimed Corporate Credit Manager (CCM) software system is the most powerful and widely used commercial credit scoring, financial analysis, risk management, and decision support system available.

Credit and Collections 40

Credit and Collections Credit Scoring Credit Management Credit Application 40

Your Virtual Credit Manager

OCTOBER 18, 2022

Share Adapt to the Situation Here’s some guidelines that will help you have an efficient credit review process for all new accounts: Small Credit Limit Required: In most cases, a satisfactory commercial credit score will suffice. Request audited Financial Statements be submitted with the credit application.

Credit and Collections 130

Credit and Collections Sales Tax Exemptions Online Credit Application Credit Application 130

Prosper

JANUARY 13, 2023

Credit Bureaus and Credit Scores. Through your credit file and credit score. There are three credit bureaus in the United States: Experian, Equifax, and TransUnion. Credit Scores. The most commonly known one is the Fair Isaac Corporation, or FICO ® score.

Credit Scoring 98

Credit Scoring Credit and Collections Bankruptcy Nonprofit Organizations 98

Your Virtual Credit Manager

MARCH 26, 2024

About 25 years ago, a credit manager I know saved his company from a seven-figure bad debt loss by monitoring the Internet on his biggest customers. The experts at Your Virtual Credit Manager are currently offering 33 percent off our standard consulting rates. A Case in Point. There is also a sequel to this case study.

Bankruptcy 130

Bankruptcy Bad Debt Credit Scoring Chapter 11 130