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Blog of the Credit Management and cash collection

Zoom on the DSO
Imperfect but nevertheless key performance indicator to the Accounts Receivable management, find on Credit tools the tutorials as well as online or Excel calculation tools.
The DSO, which stands for Days Sales Outstanding, can be calculated in different ways. It is an important indicator that directly affects the company's working capital requirement (WCR). It represents the number of days of turnover invoiced and not yet cashed in. Sometimes misunderstood, its...
03-15-2019
News of My DSO Manager
Latest improvements released in My DSO Manager, dynamic web solution for customer financial relationship management!
Web-based SaaS software for cash collection and dispute management, customer risk and performance management, ..., My DSO Manager is distinguished by its quality and ergonomics, its ease of implementation and its flexibility . The solution is for all sizes of companies, from very small to large...
03-07-2019
Tutorials about collection levels have been updated
A recovery scenario consists of several steps including actions performed with different media (e-mail, phone, SMS, ...). Find our tutorials to efficiently collect your receivable
Time passes and receivable management methods evolve. If the postmail letter was a much used dunning action in the past, it is now almost obsolete except for sending the formal notice. Times are also shortening naturally because of the demand for quicker results and the improvement of...
02-06-2019
Credit Manager: Anatomy of an unusual species
Unpretentious description of the function of credit manager
Representing a fashion function in large companies, the Credit Manager remains an unusual species. Sometimes positioned under the commercial management (to avoid), often under the financial management (highly recommended), it is functionally halfway between the two worlds, isolated in the no...
12-07-2018
New tutorial about productivity in credit management
What productivity in credit management? Which benefits for the companies when improving efficiency of credit department?
Productivity is often needed and required by management. It can lead to financial improvements (but not only) or to an erosion of the quality of internal processes. What type of productivity is suitable to credit management functions? Read our tutorial
12-07-2018
Zoom on the credit limit calculation online tool
The credit limit represents the maximum amount of outstanding credit you agree to give to a customer. It is based on the business need as well as the financial capabilities of the company.
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
A climb in high altitude takes a few days in Alpine style or several months in classical style. The same applies to the implementation of a software. My DSO Manager is the first credit management solution 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!
Only the combination of a cash collection tool and dedicated skills can achieve a good level of performance, and thus improve the cash flow of your company.
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?
The digital revolution underway is upsetting the practices of the professionals in the management of the accounts receivable (cash collectors, credit analysts, credit managers, etc.). Will it go so far as to replace people with 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
How to get paid July and August due invoices before the summer period. What are the methods to avoid payment delays during this fateful period for corporate cash flow?
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

My DSO Manager → Your Debt Collection Software available for all sizes of companies
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