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Gleaning Actionable Insights from Credit Scores

Your Virtual Credit Manager

Scores provide valuable insights into the creditworthiness of business customers and help companies make informed decisions regarding trade credit extension, terms, and risk management strategies. Setting Credit Terms: Scores help the person doing the analysis determine appropriate credit terms, such as credit limits and payment terms.

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Are You Secure?

Credit Research Foundation

They both shared an overview of Article 9 of the Uniform Commercial Code and the use of the same to better your position in the priority chain of being paid on your invoices. So, the question is: What are credit professionals doing about it? The process may seem daunting but there is support available.

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Moving Beyond DSO

Your Virtual Credit Manager

Short-term vs. Long-term Focus : Some metrics may be more suitable for short-term monitoring and decision-making, while others may provide insights into long-term trends and performance. Metrics that are commonly used in your industry or are standardized for benchmarking purposes may be preferred in such cases.

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There's Nothing Good about Extended Payment Terms

Your Virtual Credit Manager

Payment Terms define when a customer is supposed to pay your invoice for the products and/or services your firm provided. at your expense, using your cash. Problems arise when customers try to extend payment terms by another 15 to 30 days or even more. Also, once granted, extended payment terms are very difficult to rescind.

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Strategies for Navigating Elevated Interest Rates

Your Virtual Credit Manager

There has always been a strong correlation between the cost of funds and accounts receivable (AR) management. As interest rates increase, the cost of borrowing money also increases for businesses. Any delays in receiving payments from customers can, therefore, have a more pronounced effect on a company's bottom line profits.

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Complex OData Annotation Editing using CDS Graphical Modeler

SAP Credit Management

In this blog post, we will demonstrate how to annotate CDS models with OData annotations using the CDS Graphical Modeler. Complex OData Annotation Editing using CDS Graphical Modeler.

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Clean Code: Writing maintainable, readable and testable code

SAP Credit Management

Clean code is a term used to describe software that is easy to read, understand, maintain and test. Achieving clean code involves following a set of best practices and standards, such as using meaningful names, keeping functions small and focused, and using comments sparingly. What makes code clean?

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