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June Credit Management News

Credit Management Group UK

Welcome to our June Credit Management News blog. The post June Credit Management News appeared first on Credit Management Group UK. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business.

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10 Common Mistakes Made in Commercial Credit Management

Credit Management Group UK

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to.

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FSCM – Release Blocked Sales Orders using Manage Credit Management Rules

SAP Credit Management

In this blog post, we will cover the steps to setup the system for managing blocked sales orders using the Manage Credit Management Rules and triggering notifications using Situation Handling: Approve Documented Credit Decisions. Then maintain the credit segment, team owners, and team members.

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[FSCM Credit Management]: Update S/4 BP Role – SAP Credit Management(UKM000) instead of ECC TCode “FD32”

SAP Credit Management

Declare implementation of class-methods, CLASS lcl_fi_ukm000_update IMPLEMENTATION. *& * *& Maintain BP - SAP CREDIT MANAGEMENT Details *& * METHOD maintain_bp_credit_details. Reference links: Comparison for SAP S/4HANA Basic Credit Management and Advanced Credit Management display_data( ).

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SAP S/4HANA Credit Management – New Information Category 50

SAP Credit Management

This blog covers necessary configuration and the behavior of one of new functions in Credit Management in SAP S/4HANA 2021. With this function, you can top up credit limit in certain period of time (e.g. It is about a new information category 50 (Additional Adjustment) and Information Type 01 (High Season) in BP master data.

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Small Business Credit Management Consulting

Your Virtual Credit Manager

World class receivables management involves efficiently converting orders to cash while minimizing profit dilution. Your Virtual Credit Manager works with SMBs to root out the system constraints, process inefficiencies and hidden risks that create unnecessary transactional friction, thereby diluting profitability and hindering cash flow.

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Have you thought about Outsourced Credit Management?

Credit Management Group UK

For businesses struggling to implement and adhere to credit control procedures, we offer our outsourced collections; we essentially become a company’s virtual credit control department, chasing for payment in our client’s name. The post Have you thought about Outsourced Credit Management?