Credit Management Group UK

MARCH 4, 2024

Some may find the thought of managing financial risk daunting, but it should be straight forward. The decision making process for granting a potential customer credit should be made up of a jigsaw of several different types of information, rather than relying on one method only.

Credit Risk 100

Credit Risk Bad Debt Credit and Collections Credit Application 100

Your Virtual Credit Manager

JUNE 20, 2023

The problem is, this policy approach usually results in reducing revenue from higher credit risk customers — a double edged sword that results in less risk, but also puts a break on sales. By altering its Credit Risk Management Policy in this way, businesses can boost revenue and protect profitability.

Credit Risk 20

Credit Risk Bad Debt Credit and Collections AR Aging 20

Abrigo

DECEMBER 22, 2023

Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Articles on creating a sound credit risk rating system and preparing for the possibility of new requirements such as the CFPB ruling were among the most-viewed throughout the year. Read the buyer's guide to lending solutions.

Credit Risk 88

Credit Risk Credit Unions CECL Dashboards 88

Emagia

FEBRUARY 21, 2025

Introduction to the 10 Rule in Accounts Receivable Managing accounts receivable is crucial for maintaining a healthy cash flow and reducing financial risk. One of the widely used guidelines in credit risk management is the 10 Rule for Accounts Receivable. Does the 10 Rule replace other credit risk strategies?

Credit Risk 40

Credit Risk Bad Debt Credit and Collections High-Risk Accounts 40

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Credit Risk 88

Credit Risk Credit Unions Credit and Collections Small Businesses 88

Gaviti

MARCH 11, 2025

This article delves into how these advanced tools improve risk assessment, the key features to look for, a curated list of the top seven credit risk management tools in 2025, and the benefits of integrating these solutions into your business operations. Elevate Your Credit Risk Management with Gaviti!

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52

Your Virtual Credit Manager

MARCH 4, 2025

Learn More About Credit Reports Please share this newsletter with your small business customers. Share What Constitutes Valid Risk Assessment Parameters? There needs to be standards for both evaluating credit risk and setting credit limits for new accounts as well as for the periodic monitoring of existing customers.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Abrigo

APRIL 24, 2025

Effective loan review is a key element of managing concentration risk in loan portfolios. Its a good reminder that in todays environment, risk managers and credit professionals should reexamine how they identify, assess, and communicate portfolio vulnerabilities. Louis Fed shows.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Dashboards 78

Abrigo

NOVEMBER 13, 2024

As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. However, recent data from Abrigo shows that privately held companies across the U.S. are displaying their financial resilience.

Small Businesses 88

Small Businesses Credit Unions Credit Risk Accounting Firms 88

Your Virtual Credit Manager

FEBRUARY 25, 2025

To better deal with these customers, it is helpful to segregate them into three groups: Those who are financially strong (low credit risk) and are trying to increase their cash position through late payments. It is, therefore, incumbent that you minimize bad debt losses without overly restricting sales. That requires a balancing act.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

Abrigo

APRIL 8, 2025

This blog breaks down the pros, cons, and what financial institutions should consider when evaluating their risk rating approach. Is a 2D risk rating model still worth it? An effective risk rating framework is probably the single most important tool a bank can use when it comes to managing credit risk.

CECL 78

CECL Credit Unions Credit Risk Default 78

Abrigo

MARCH 31, 2025

Focus on relevant repayment and credit risk information Whats relevant in a credit memo? Kirby suggested focusing on what truly affects repayment and credit risk. Give me the reason why the loan was made and how its going to get paid back, he said. Dont get into this ritual tell me the story.

Credit Risk 78

Credit Risk Credit Unions Transactions 78

Abrigo

DECEMBER 20, 2024

Based on comments from the Abrigo Advisory Services team and our bank and credit union clients, executives will have their work cut out to manage profitability, balance sheet growth, and credit risk. Still-elevated interest rates are running into declining consumer purchasing power, which stands to add pressure to credit risk.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

APRIL 30, 2025

However, these applications are typically focused on solving specific tasks such as assessing credit risk, detecting fraud, or optimizing marketing spend. Credit risk modeling and underwriting have traditionally relied on historical data. The key is to start early, learn continuously, and scale thoughtfully.

Credit Risk 88

Credit Risk Credit Unions Transactions 88

Your Virtual Credit Manager

DECEMBER 24, 2024

Maybe you are blessed with a few larger, low-credit-risk customers who pay on time without follow up. Acquiring collection expertise from an outsourcing partner should therefore be considered a viable option, unless you have: A customer base that pays on time or close to it, and consists of low credit risk customers.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130

Credit Management Group UK

DECEMBER 16, 2024

All new customers should be deemed high risk until they have a payment history with you. Low risk customers, that have a good payment history with your company, should be placed into an email cycle or letter cycle. It is all well and good receiving business, but does your customer have the ability to pay?

Credit Management 87

Credit Management Credit and Collections Order to Cash Credit Risk 87

Your Virtual Credit Manager

NOVEMBER 12, 2024

Monitoring and evaluating the credit risk posed by public companies and other large firms differs significantly in comparison to small and mid-sized businesses.

Chapter 11 130

Chapter 11 Accounts Receivable (AR) Bankruptcy Credit and Collections 130

Your Virtual Credit Manager

FEBRUARY 4, 2025

Credit management takes center stage when: New customers apply for credit terms. There needs to be a determination of the risk of the new account going delinquent or defaulting in accordance with your firm’s tolerance for credit risk.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Invoice Disputes Bad Debt 130

Gaviti

NOVEMBER 21, 2024

Credit management and monitoring. Get real-time credit risk alerts about customers with increased credit risk to minimize the impact on your cash flow and reduce the likelihood of bad debt. Want to learn more about how Gaviti can streamline and automate your A/R management and collections process?

Automated Cash Application 98

Automated Cash Application Credit and Collections Cash Applicator Deductions 98

Your Virtual Credit Manager

JANUARY 28, 2025

This company’s evaluation of the risk/reward tradeoff was flawed because it underestimated the credit risk of “large” enterprises. In practice, this company was slow to recognize serious delinquencies, suspension of service was rarely used, and million-dollar bad debt losses ensued.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bad Debt Credit and Collections Bankruptcy 130

Credit Research Foundation

SEPTEMBER 27, 2024

First, since we haven’t seen significant default activity in recent years, many companies have let up on their credit risk management efforts, as the value proposition wasn’t as compelling as it was during previous economic downturns.

Days Sales Outstanding 195

Days Sales Outstanding Bad Debt DSO Default 195

Abrigo

FEBRUARY 12, 2025

Make it easier to keep tabs on lending and credit risk trends and how Abrigo can help. Join thousands of your peers and sign up for our newsletter.

Small Businesses 78

Small Businesses Credit Unions Credit Risk Default 78

Gaviti

MAY 12, 2025

The Role of AI in Modern Credit Management Artificial intelligence is redefining credit management by automating processes that were once manual and bringing more visibility to the data critical for decision making. HighRadius HighRadius is known for its robust AI-driven credit risk management software solutions.

Credit Management 52

Credit Management Credit and Collections Days Sales Outstanding Credit Risk 52

Your Virtual Credit Manager

MAY 23, 2023

Do you need help with your credit policies and procedures? The experts at Your Virtual Credit Manager will analyze your situation to provide you with actionable insights for managing credit risk and shortening your cash conversion cycle.

Bad Debt 49

Bad Debt Credit and Collections Deductions Invoice Amount 49

Your Virtual Credit Manager

JANUARY 7, 2025

Improve Credit Management Sometimes the cause of cash flow problems is a liberal credit policy. If that is the case, you need to focus on improving customer credit risk assessment and management. Implement stricter credit approval processes for new customers and then regularly review existing customer creditworthiness.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR) 130

Credit Research Foundation

AUGUST 28, 2024

This unique environment is driven by a simple formula that continues to work after 75 years: CRF is a non-profit, member-based organization that promotes the gathering of thought leaders in the B2B credit space to share their successes of today and advance the leaders of tomorrow.

B2B Credit 195

B2B Credit Credit Risk 195

Abrigo

SEPTEMBER 25, 2024

Read Main Street Bank's story Abrigo SBA Lending Blog Lending & Credit Risk SBA Lending Breaking down SBA lending: What is E-Tran?

Credit Unions 151

Credit Unions Credit Risk Credit and Collections Small Businesses 151

Biz2X

JUNE 19, 2025

A Federal Reserve Survey of 2025 reveal that nearly 83% of small banks were likelier to approve low-credit-risk firms. The report also indicated that small business owners with low credit risk were likelier to apply to large banks and credit unions.

Credit and Collections 52

Credit and Collections Credit Risk Credit Unions Dashboards 52

Abrigo

JANUARY 24, 2025

You might also like this webinar, "Risk rating: The cornerstone of risk management."

Credit Unions 88

Credit Unions Credit and Collections Small Businesses Credit Risk 88

Abrigo

APRIL 12, 2021

Finally , credit risk analysis software that is part of an end-to-end LOS allows credit staff to take advantage of automated loan decisioning , loan management system workflows, and financial spreading. Credit Analysis Training. Credit Risk Management. Credit Risk Regulation. Risk Ratings.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections CECL 135

Abrigo

APRIL 11, 2025

appeared first on Abrigo.

Credit Risk 78

Credit Risk CECL 78

Emagia

JULY 1, 2025

We will delve into the evolution of credit assessment, dissect the core components and capabilities of advanced solutions, uncover their transformative benefits for financial institutions, discuss best practices for implementation, and peer into the future of credit risk management. Why is Credit Scoring Important for Lenders?

Credit Scoring 40

Credit Scoring Credit Risk Credit and Collections Default 40

Your Virtual Credit Manager

OCTOBER 29, 2024

Webinar Registration Do you need help assessing your customers’ credit risks? The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable credit & collection insights.

Past Due Invoices 100

Past Due Invoices Credit and Collections Collector Default 100

Emagia

DECEMBER 3, 2024

Real-Time Insights and Analytics: Provides real-time dashboards and predictive analytics for cash flow, DSO, customer payment behavior, and credit risk. Reduces DSO, minimizes bad debt and write-offs with advanced credit risk and deductions management tools.

DSO 52

DSO Bad Debt Credit and Collections Payment Portals 52

Your Virtual Credit Manager

OCTOBER 17, 2023

(Photo by Jandira Sonnendeck on Unsplash ) In most cases, you therefore have to extend credit to your B2B customers, which entails the following risks: Not being paid anything Being paid an amount less than the full invoice value Not being paid on time, whether in full or in part These outcomes are known as credit risks.

Bad Debt 130

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR) 130

Gaviti

JUNE 15, 2025

You may be able to access better financing terms or increase your credit lines since the insurer guarantees part of the receivable. Enhanced Risk Management Many accounts receivable insurance providers offer credit risk evaluation services. A low premium might come with a high deductible or limited scope.

Bad Debt 52

Bad Debt Deductions Credit and Collections Bankruptcy 52

TreviPay

MARCH 18, 2025

TreviPay offers a wide range of solutions for the airline industry, including payment and accounts receivable management and credit risk outsourcing. TreviPay helps take the risk by extending credit and guaranteeing corporate payment while eliminating time-consuming manual billing and invoicing.

Credit Risk 99

Credit Risk 99