Your Virtual Credit Manager

SEPTEMBER 26, 2023

Your accounts receivable (AR) and cash balances as of December 31, 2023, are very important numbers. Their assessments of your business based in large part upon these metrics will determine your credit limits, collateral requirements, lines of credit and borrowing capacity. it just might help them pay you sooner!

Credit and Collections 147

Credit and Collections Accounts Receivable (AR) Deductions Collector 147

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial. There are multiple costs and vulnerabilities that emerge.

Bad Debt 130

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

Your Virtual Credit Manager

JANUARY 3, 2023

They all provide actionable content that can help you significantly boost AR performance. We’ve condensed the articles to save you time, but have also provided links to the originals should you want to take a deeper dive. We trust you will find these articles valuable and wish you a prosperous 2023.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

AUGUST 29, 2023

If your business is struggling with cash flow or AR balances are growing, it could be a sign that your collections policy requires updating. When they don’t, the policy will also specify best practices designed to recover the funds and encourage the customer to pay within terms in the future.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130