High-Risk Accounts and Past Due Invoices - Credit Management Source

Balancing Credit Sales with Profits

Your Virtual Credit Manager

NOVEMBER 14, 2023

Purchasing Credit Insurance, however, will only reduce the risk problem if: The policy covers the financially weak, higher risk customers. Credit Insurance policies often exclude individual, high risk accounts. Insurers want to be paid for the risk they bear. The policy cost is acceptable.

Credit Sales

Credit Sales Bad Debt Credit and Collections Credit Risk

Effectively Collecting Receivables Is a Time Management Challenge

Your Virtual Credit Manager

NOVEMBER 1, 2022

Simply defined, collections is the process of contacting customers to secure payment for your invoices. For the most part collections deals with past due invoices — those not paid within established terms. In fact, broken promises should be followed up the day after the payment was expected.

Past Due Invoices

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

Credit Management Source

Balancing Credit Sales with Profits

Sales Commissions Impact the Collection Process

Effectively Collecting Receivables Is a Time Management Challenge

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