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Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

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.

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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. 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.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Credit Analysis and Portfolio Monitoring Software: These solutions are for managing risk after the initial order has been approved.

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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

How to Gavit Helps You Optimize DSO Gaviti’s invoice-to-cash A/R management platform automates and streamlines the entire account receivables process, enabling businesses to improve DSO by up to 30%. The modules include: Credit management and monitoring. Use online credit applications to streamline the credit approval process.

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

Emagia

This enables effective credit risk management by limiting loan options to individuals with a specified income level. What is Credit Risk Management Best Practices? The adoption of automation allows for real-time credit management, leading to decreased cedit risk and minimized bad debts.

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The Keys to On-boarding New Customers Smartly and Efficiently

Your Virtual Credit Manager

For small and medium-size enterprises (SMEs) who only need to purchase a limited number of credit reports, going through an independent reseller of credit bureau reports will often be much more cost effective. Just click on this link to open an account and start getting the commercial credit Intel you need.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness.