How to collect your invoices?
Ensuring timely payment of invoices is crucial for the success of any business. This is the primary goal of the Credit Management department. Implementing tailored collection scenarios for each...
How to collect prior due date?
The preventive reminder is carried out before the due date of the invoice. It presents multiple advantages because of its precocity in the collection workflow. This is the first necessary step for...
What is the collection level 1?
Collection Level 1 is a step in the collection scenario of Trade Receivable. When the buyer does not pay the amount owed to the seller by the due date, it leads to a late payment. This can happen...