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Commercial Credit Management News August 2023

Credit Management Group UK

We hope this blog finds you well.

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Loan covenants refresher: What, when, why & how

Abrigo

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Loan agreements also include provisions describing financial default and technical default.

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SAP Preferred Success: Setting the Foundation with Development Infrastructure & Admin Readiness Checks for SAP Analytics Cloud Connections

SAP Credit Management

Pre-Requisites: To ensure the most effective use of the Development Infrastructure Readiness Checks, it is highly recommended that participants complete the SAP Analytics Cloud Introduction and Capabilities Webinars. These webinars provide fundamental knowledge that lays the groundwork for deeper exploration during these checks.

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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

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Receivables Management: “Find your cash leaks!”

Collenda

Collenda held a Webinar together with the credit management consulting firm CRiON about working capital performance, do you see a lot of need for improvement? Contact This might also interest you: Logistics: 8 tips against payment defaults. The post Receivables Management: “Find your cash leaks!” We talked to him.

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Sales in SAP S/4HANA Cloud, Public Edition – Automated Order Process with SAP´s Intelligent Technologies

SAP Credit Management

The embedded file view highlights extracted data by default, and you can hover over a highlighted area to show an extracted field or click on the eye icon to show all extracted fields. Previously, it was only possible to open the file in a new window.

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Red Flags that Demand Your Attention

Your Virtual Credit Manager

Far more damaging is a customer that defaults (never pays). The inability to recover the loss with new business puts a serious crimp in a firm’s cash flow, especially when the default involves a large amount. Also, credit limit increases can be required when a customer’s business is expanding.