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06-22-2018
New tutorial: Improve your internal processes with cash collection!How to use debt collection to improve the quality of your business? Are the issues related to credit management broader than the cash optimization? New tutorial about potential of cash collection to identify and fix biggest issues in its company. Accounts Receivable management does not cover only cash stakes but can highlight the internal processes that don't work well with treasury and profitability consequences. What are the links... |
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06-15-2018
News of My DSO Manager: Group the collection of several accountsThe Accounts Receivable management software My DSO Manager continues its strong growth in the five continents. It is continually improved with efficient and intuitive features. My DSO Manager strategy is very simple: Offer the most qualitative, affordable and flexible solution, whether it concerns the software's functionalities or its implementation. These principles make possible to optimize the cash collection management and thus improve cash flow, profitability... |
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06-12-2018
Tutorial about time management in cash collectionWhat is the link between effectiveness of debt collection and the timeline of actions taken? Is time management a key factor of success for the collector? New tutorial about the time management in cash collection. How to illustrate the crucial importance of the temporal element in the Accounts Receivable management? It is possible to highlight that like in other areas of management, or more broadly, other human activities the determinant... |
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06-07-2018
Seen on the web ... How to differentiate the payment behavior of your customers?There are several ways to differentiate the payment behavior of your customers, the one found by this company is at least ... original ...! Seen on the web… ! To easily identify one of your bad paying customers, you can, like this Russian company, realize a pyramid of 3 tons, and put it in front of his company ... Or, in My DSO Manager, you can enable payment profiles: And rather than a concrete pyramid, have a... |
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04-25-2018
What are the keys of cash collection?New tutorial detailing the art of cash collection and the four pillars of this activity. What are the multiple added values of this function sometimes misunderstood, often underestimated? What are the pillars of debt collection? Essential but unknown activity, whose impact on the company is often underestimated. Why is it a true art combining multiple skills that need to be intelligently scheduled? Find our tutorial on this essential function but often neglected, whose scope... |
Late payment penalties
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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? |
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08-23-2017
Why should you chase your customers before the due date of your invoices?What are the advantages to start the collection process before the invoices due dates? How to perform an efficient collection prior due date? Any commercial relationship is based on mutual commitments shared between the seller and the buyer. The buyer undertakes to pay the price of the service or equipment delivered on the date specified in the contract and invoices. However, the buyer frequently forgets, at least temporarily, this... |
Credit Management tools
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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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