For most companies, today’s economy has depressed revenue and increased credit risk. On one hand, you need to increase sales by any means possible, including finding new customers and accepting higher credit risk. On the other hand, you need to control bad debt loss and the cash shortages resulting from financially weak, slow paying customers. …
How to Achieve World-Class Efficiency in B2B Credit Process Using AI Read More »
Credit Management Best Practices have changed substantially in 2020. Three disruptive forces, driven by the Covid economy, are converging to seriously impact Credit Risk, revenue, and the financial health of your company. Credit Risk has increased tremendously & threatens your firm’s cash flow and profitability. The workload to manage this increased risk will increase by …
A critical process Finance transformation is on the mind of every successful finance executive today. Order to Cash is the most critical process for businesses today, yet it is one that rarely gets noticed. Why is Order to Cash so important? Because it encompasses the heart and soul of your business. It is the end-to-end …
Finance Transformation – Why Not Start With The Electronic Credit Process? Read More »
When I was promoted to my first job as a credit manager it was entirely by accident. I was fresh out of college and had planned to be a writer. Necessity and a small town caused me to take a job as credit analyst at a very small manufacturing company. After two short weeks on …
4 Keys to success in the world of credit and collections Read More »
