Emagia

NOVEMBER 21, 2023

This enables companies to focus their collection efforts more effectively and prioritize high-risk accounts. AI-powered algorithms can analyze historical data, customer behavior, industry trends, and payment patterns to predict which customers are more likely to delay payments.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections B2B Credit 52

Your Virtual Credit Manager

JUNE 27, 2023

Share The High-Risk Account: Ideally you do not want to extend credit to high risk accounts. You will, however, extend credit to marginal accounts, and from time to time marginal accounts and even lower-risk customers will become high risks.

Collector 26

Collector Credit and Collections High-Risk Accounts Accounts Receivable (AR) 26

Gaviti

JANUARY 8, 2023

It also provides task prioritization tools that make it easy to identify, flag and track high-risk accounts. Gaviti easily tracks and reviews these and other metrics via a centralized dashboard. Book a demo today to see how it works.

Credit and Collections 98

Credit and Collections Days Sales Outstanding DSO High-Risk Accounts 98

Gaviti

FEBRUARY 18, 2024

Prioritize collections based on important data the platform gathers and centralizes to focus on high-value and high-risk accounts so that you can optimize your collections efforts as a team. These components include: A/R management.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

Prioritize collections based on important data the platform gathers and centralizes to focus on high-value and high-risk accounts so that you can optimize your collections efforts as a team. These components include: A/R management.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Your Virtual Credit Manager

MAY 16, 2023

High risk customers shouldn’t be granted credit. The truth of the matt er is there are times you should give credit to high risk accounts and ways to mitigate those risks. If your gross margins are high enough, you may want to put a cap on the cumulative credit you will grant to high risk customers.

Bad Debt 100

Bad Debt Credit and Collections Default Small Businesses 100

Your Virtual Credit Manager

NOVEMBER 1, 2022

In an ongoing Collections environmen t , you will have already contacted the high risk accounts, so your prioritization scheme should be as follows: Accounts previously contacted that have failed to pay as promised. In fact, broken promises should be followed up the day after the payment was expected.

Credit and Collections 130

Credit and Collections Past Due Invoices Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

AUGUST 27, 2024

Ranking accounts by risk across your entire AR portfolio helps you see where each account stands relative to others and to industry norms. This ranking helps you analyze your dollar exposure for low, medium, and high-risk accounts, providing insights into whether your AR portfolio’s risk level is increasing or stabilizing.

Accounts Receivable (AR) 100

Accounts Receivable (AR) Credit and Collections Default Cybersecurity 100

Fundera

MAY 12, 2019

The service has shockingly high marks across all the major review websites, and all customer complaints filed against Payline Data on Better Business Bureau have been resolved. It would also be nice if merchants could acquire point of sale software or hardware through Payline, as this would make them a one-stop-shop for merchant services.

Transactions 40

Transactions Nonprofit Organizations Credit Card Payments High-Risk Accounts 40

Know-It Global

JUNE 20, 2023

This will allow you to identify high-risk accounts and take proactive measures to mitigate potential losses. With this in mind it’s worth conducting periodic credit reviews to reassess customers’ creditworthiness. Adjust credit limits and terms based on customer payment history and financial stability.

Bad Debt 19

Bad Debt Credit and Collections Debt Collections Credit Risk 19