News & Words of experts
Happy New Year with Credit Management tools!
A company is a living organism in perpetual evolution which must adapt to its environment to survive and develop.
The quality of the services and products marketed must constantly be improved in order to correspond to the market and the needs of the customers.
As such, the AR is a good...
01-02-2020
• Category : News
Which credit management organization in SMEs?
How to manage the last but essential step in the sales process of your business? The one without which everything that has been done previously was done for nothing: commercial negotiation, delivery or realization of the service, billing and after-sales service, etc.
Find out our tutorial...
12-13-2019
• Category : News
New tutorial about collection efficiency rate
Evaluating the performance of the collection managers very often leads to many questions as no indicator is really indisputable.
Unlike sales people for whom turnover and order taking are unavoidable, the subject here is more complex.
The collection efficiency seems to be an extremely...
12-10-2019
• Category : News
How to manage customer risk with My DSO Manager?
Assessing the creditworthiness of customers and then adapting payment conditions accordingly are the first key steps to avoid bad debts and late payments.
My DSO Manager, full Credit Management solution, allows to analyze and control the risk with several integrated functionalities:
...
11-19-2019
• Category : News
Vote for the start-up of the year!
Why vote for My DSO Manager as a start-up of the year?
Because My DSO Manager is already used by more than 600 companies of all sizes in 70 countries to improve their cash flow and their WCR.
Veolia, Schneider Electric, Atlas Copco and many others manage their Accounts...
10-31-2019
• Category : News
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?
Zoom on Risk Management in Export business
Find our eight tutorials and eighteen tools concerning this essential part of the credit manager job where cash management is intrinsically linked to the risk management in export business.
In export, everything is more complex. The risks are numerous and of many natures. The high value...
10-04-2019
• Category : News
Last news of My DSO Manager
Here are the new features recently added to My DSO Manager:
Automatic actions ? set the days and time slots for sending automatic e-mails
New Hashtags to manage amounts in different currencies ? add _per_currency at the end of each Hashtag in order amounts are grouped by...
09-18-2019
• Category : News
How to rejuvenate your aging balance?
The aging balance, this classic tool in terms of appreciation of collection performance, deserves that we take some time to really exploit it and also know how to rejuvenate it.
Little reminder: Constituted of different buckets, it looks as a simple tool.
The standard approach is to...
07-19-2019
• Category : Words of experts
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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