New technologies are revolutionizing the finance function and offering new solutions to the credit manager, helping him to optimize receivables as well as his relations with the sales departments, which are tending to grow.
Recouvrement
Debt collection software: how to choose?
What is debt collection software? Today, the management of unpaid invoices to be dunned is a time-consuming task: dunning emails, registered letters, phone calls… A…
Collection software: what benefits?
Why use collection software? What role in a company? Debt collection is the process of obtaining payment from the debtor. The debtor then discharges the debt of money…
The Credit Manager alongside the Treasurer: how to support good cash management
The Credit Manager’s missions continue to be strengthened and expanded to take on a coordination function of the “Cash Controlling” type alongside the Treasurer, Accountant, Management Controller, Buyer and Supply Chain. They all act to reduce working capital and share their knowledge of markets, customers and production cycles, to enable the monitoring of differentials between DSO and DPO.
Reducing DSO: What are the key indicators?
Today, when a large number of invoices are issued, care must be taken to ensure that the DSO is not high, which could have a negative impact on cash flow and operating capital. This is why it is now necessary to reduce DSO when it is too high.
Return on investment for collection software?
Today, most invoice reminders are handled manually, which means high costs and a lot of time. Discover the ROI benefits of invoice dunning software.
Credit Manager, fight late payments with collection software?
Credit Manager, fight late payments with collection software? The Credit Manager, responsible for optimizing receivables, plays a key role in reducing late payments. Is it important to combat…
Debt collection software – Why automate dunning?
Today, around 50% of companies manage their receivables manually. Isn’t this paradoxical, when you consider that customer receivables generate the lion’s share of cash flow? Within a company, it’s common to work with tools that help manage day-to-day work.
Business recovery will be achieved through hourly payments
Payment deadlines are a hot topic right now. However, there are optimization solutions for the credit manager, in particular thanks to the advances of the most recent technological platforms for receivables recovery.