Zoom on the credit limit calculation online tool
Key indicator to control the financial risk of your business, the credit limit sets a maximum amount of outstanding receivables that you agree to grant to each of your customers.
It has a warning role if the outstanding amount reaches or exceeds the limit set, which must lead to action to reduce...
11-13-2018
My DSO Manager, the credit management software in Alpine style
The Alpine-style refers to mountain climbers who make climbs in high altitude in an autonomous and very fast way thanks to the improvement of the techniques and the equipment.
It is opposed to the classical expedition style where mountaineers set up fixed camps, connected by fixed ropes, fed...
11-08-2018
Manage efficiently overdue receivable, a priority for any business!
Late payments are a major handicap for many companies. They have several causes: dispute, administrative problem, insolvency of the buyer, ...etc. A specific tool and specific skills are essential to manage them and to get paid.
The purpose of My DSO Manager and Credit Management tools is to...
11-06-2018
Can credit management functions be replaced by robots?
This question, raised by Andriy Sichka in her article « Will Computers Replace Credit Managers? » Or in a french article « Révolution digitale : ces professions qui vont disparaître (Digital revolution: these professions that will disappear) » could...
08-29-2018
Get paid before the blackout of August
Many companies in many countries close their doors during the month of August where it is the summer period. During that time, it is often very complicated to get its invoices paid.
Some take advantage and shift their payments due in July and August to September ... if all goes well.
Indeed,...
07-16-2018
Late payment penalties
Late payment penalties
How to use late payment penalties to educate customers to pay on time? What are the rules to apply them depending on the country?
Why should you use a cash collection software?
Cash is the lifeblood of any business. Cash makes possible to meet its obligations to its suppliers and financial partners.
Cash allows the payment of salaries, and provides the ability to invest and develop the business.
This assumption is generally accepted. Almost all leaders and business...
10-01-2018
Credit Management tools
Calculate and drive the working capital of your business!
Working capital requirement is the amount needed to finance the operation of the business and the difference between disbursements and receipts.
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