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Blog of the Credit Management and cash collection

How to improve your company's processes with cash collection ?
While the link between cash flow and collection is obvious, the link between this activity and the quality of the company's internal processes is less so, whereas it is just as important and a source of significant potential gains.
Read our tutorial on the hidden potentials of debt collection. What can it bring more than improving cash flow and working capital requirements? In fact, a lot of things are essential for the continuous improvement of the sales process. Don't neglect cash collection and Accounts receivable...
06-17-2021
Tutorial about credit limit
What is the purpose of credit limits? How to calculate them and how to monitore them? Find all answers needed in our credit limit tutorial
Find our tutorial on the credit limit, an essential element in customer risk management and pillar of a relevant and effective credit management policy.Often perceived as being restrictive in an unjustified manner, the credit limit is in reality a dynamic tool defending the interests of the seller...
04-19-2021
How to calculate the Payment profiles of your customers?
The right, relevant action, carried out at the right time to the right interlocutor is the key to the efficiency of debt collection in B to B. How do the payment profiles allow precisely this objective to be achieved?
In order to optimize the collection actions carried out with each customer, the collection strategies should be adapted according to the type of customer and his payment behavior. This principle seems obvious, doesn't it? However, from the intellectual idea to the practice, there is a gap which...
03-25-2021
My DSO Manager crosses the € 60 billion mark of receivables managed over 12 months
This new threshold demonstrates the power of the real-time solution on all aspects of credit management: risk management, recovery, disputes, performance, predictive, etc.
Thanks to our +750 customers around the world, My DSO Manager has reached a new threshold with € 60 billion of receivable paid and cleared following a full management and actions taken in the software. The high flexibility of My DSO Manager allows quick and efficient implementation and...
03-25-2021
Evolution of My DSO Manager graphics!
The online credit management solution is constantly evolving to always provide the best experience to our 10,000 users located in 80 countries!
The design of all the graphics included in My DSO Manager reports has changed. If it is above all the visual aspect that predominates, new export functionalities are also available, thus facilitating the reporting and the historization of your results. Some examples of the new graphics: DSO...
03-11-2021
Is the DSO a key performance indicator?
It is! But under certain conditions because there are as many DSOs as there are companies that use it. My DSO Manager calculates it in real time on an unlimited number of perimeters and thus develops the full power of the indicator.
Do you really understand what the DSO means and what it brings in performance management? The indicator is not easy to tame. Its fluctuations sometimes leave you speechless, its methods of calculations call out. Badly calculated and badly used, it can generate tensions and strong...
03-09-2021
Why do these companies trust My DSO Manager to manage their cash collection?
750 companies in 80 countries optimize their cash flow and customer satisfaction thanks to My DSO Manager. Ease of implementation, quality, ergonomics and results are acclaimed.
Because My DSO Manager has been able to provide them with a modern, efficient and qualitative solution. Features at the service of performance, an implementation in 2 or 3 weeks to make your Go Live a success. Give us up to an hour of your time for a demo and you will see why you could...
03-04-2021
What payment conditions to apply to your customers?
They are the cornerstone of the customer financial relationship and determine when and how your customers will pay you. They must be adapted to the type of client (export, risky, private, etc.) and be part of the commercial negotiation!
Fid out our tutorial about payment conditions. What are they? With what characteristics and above all what advantages / disadvantages in relation to the risk of late payment and non-payment, the cost and the ease of use. They are adaptable according to the client and the particularities of the...
03-01-2021
The New Normal: Credit Demand in 2021
Very interesting analysis of credit situation in Covid-time done by Gary Mendell, President of Meridian Finance Group
Uncertainty reigns as we move through 2021. States nationwide and countries on every continent are struggling to flatten the growth curve of the pandemic. The human costs of the coronavirus continue to rise while we await widespread vaccination andhope for eventual herd immunity. However long...
02-25-2021
Learn everything you need about the DSO!
The flagship performance indicator for the management of Accounts Receivable questions in proportion to the interest shown in it. Understand its meaning, calculation methods and limits thanks to our DSO tutorial
Find our tutorial about the Days Sales Outstanding, the main KPI of credit management used by thousands of companies around the world. The DSO is a popular indicator, of course, but also an indicator that is very often misunderstood and whose sometimes fluctuating results are poorly...
01-19-2021

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