Litigation management for credit managers Managing customer disputes is a crucial phase in a company’s sales cycle, especially for credit management and debt collection professionals. These disputes arise…
Tutorial
Aged Scales: definition and usefulness
How to get your Aged Scale in real time The Aged Scale: A pillar of financial management The aged trial balance is a fundamental tool in corporate financial…
Customer credit
Customer credit What is customer credit? The customer credit is a commercial agreement between two companies. It concerns the payment perioda longer payment period to a client…
Credit management
Credit management Summary: What is credit management? What is the role of a credit manager? What are the key credit management indicators? Every business relationship has its…
How to calculate and optimize your DSO?
How to calculate and optimize your DSO? Contents : What is DSO: the definition How to calculate DSO: the formulas The accounting formula The sales exhaustion formula How…
Outstanding customer accounts
Outstanding customer accounts Summary: What is an outstanding receivable? How to calculate an outstanding customer ? How to control the outstanding customer balance? What is an outstanding…
Late payment: how to calculate and invoice it?
Late payment: how to calculate and invoice it? Summary: What is late payment? The definition of late payment: The time limit for payment of an invoice : How…
Optimize your customer reminders
Optimize your customer reminders Summary: What is a customer reminder? Best practices for re-contacting a customer: Personalize your messages: Grading the importance of messages: Follow all of its…
Amicable collection in the professional sector
Amicable collection in the professional sector Summary: What is amicable collection? What are the procedures for amicable collection? What are the advantages of amicable collection? In the…