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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.

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What is Credit Risk Management: Principles, Examples, and Best Practices

Emagia

Credit risk pertains to the potential financial loss that arises when a borrower fails to repay a loan. It involves the risk of lenders failing to receive the principal amount and interest owed, leading to disrupted cash flows and additional expenses for debt collection. What is Credit Risk Management Best Practices?