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Due Diligence Doesn't End with the Credit Application

Your Virtual Credit Manager

Consequently, the credit manager was able to purchase credit insurance on his customer, and was therefore able to continue approving credit sales, within limits, to the chain store customer. Update credit applications: every 5 years, unless triggered sooner by a change in the business (e.g.,

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Don't Leave Converting Sales into Cash to Chance

Your Virtual Credit Manager

Even worse, the company’s stock price was depressed because of the company’s high Days Sales Outstanding (DSO) , a common measure of AR management effectiveness.

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

Emagia

This blog discusses how emerging technologies such as artificial intelligence, machine learning, big data, and statistical models can facilitate intelligent credit risk management and diligent payment collections for B2B credit sales operations.

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

Emagia

This blog discusses how emerging technologies such as artificial intelligence, machine learning, big data, and statistical models can facilitate intelligent credit risk management and diligent payment collections for B2B credit sales operations.

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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Best Possible DSO Formula The formula for Best Possible DSO is: (Current Receivables x Number of Days in Period) ÷ Credit Sales for Period 7 Strategies to Reduce DSO Since DSO reduction is such an important element of your accounting operations, many companies turn to tools such as DSO reduction software to assist them.

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Are There Hidden Risks in Your AR Portfolio?

Your Virtual Credit Manager

Consequently, the credit manager was able to purchase credit insurance on his customer, and was therefore able to continue approving credit sales, within limits, to the chain store customer. Update credit applications: This should be done every 5 years, unless triggered sooner by a change in the business (e.g.,