Blog of the Credit Management and cash collection

Creditmanagement-tools.com gets completely free!
For the past few days, all online and downloadable tools on Credit Management tools have been completely free! To take advantage of it, simply create an account. Over the next few weeks, the 140 tools will be reviewed and improved in stages.
Use all Credit Management tools for free. The goal is to make these Word, Excel, and online tools as accessible as possible to all businesses. They cover all aspects of credit management, from customer follow-up to the calculation of WCR and DSO, from risk management to cash curves on...
01-25-2023
French judicial debt collection: key players
All about the players in the field of legal debt collection, who to contact and when!
Check out our latest tutorial, offered by Cap Recovery, on the players in legal collections! Once you have determined that you wish to carry out a legal collection in France, you need to contact several actors, such as a lawyer, a court or the Greffe, the commissaire de justice, also called...
01-24-2023
Managing credit risks or managing risks to credit?
When it comes to the order-to-cash process, collection scenarios should be adapted to the client's risk profile, and risk management tools should be used to help the company achieve its goal of increasing turnover while improving cash.
Which one of these pursuits do you think is the highest in significance? Customer risk management is a complex field that necessitates expert-level understanding of credit analysis and hedging techniques, since it varies with the scale of action (export, projects, etc.). In order to...
01-16-2023
Attend to the flash demo of My DSO Manager!
Discover in 30 minutes how to improve your company's accounts receivable management with My DSO Manager, the flagship credit management software used by 1,400 companies in 85 countries.
What day? Wednesday January 25th, 2023 What time? 11:00 to 11:45 am ...
01-12-2023
Happy New Year!
Credit Management tools wishes you a very happy new year 2023 in our company!
Find our tutorials and our tools allowing an optimal management of your receivables on this new year! Great news, they will soon be free for everyone.
01-05-2023
Late payment penalties: interest rates are increasing!
Faced with inflation, which radically changes the perception of late payments and their effect on the profitability of companies, the legal and the ECB's key interest rates have increased significantly. What are the impacts on late payment penalties?
The legal interest rate between professionals has gone up a notch. 2.06% on January 1, 2023, mechanically increasing the minimum rate of late payment penalties to 6.18% (three times the legal interest rate). This increase is in line with the main key rate of the European Central Bank (ECB)...
01-05-2023
My DSO Manager and Cap Recovery Partnership
We are thrilled to partner with Cap Recovery, whose appropriate approach on the local market compliments our now-extensive international reach.
The world is constantly changing; rules change, benchmarks shift; you must be mobile and agile to stay on track. Keeping on track also entails forming alliances with professionals in order to capitalize on expertise. We are therefore pleased to work with Cap Recovery, a collection and...
12-23-2022
Attend the presentation of My DSO Manager!
Attend the flash presentation of My DSO Manager, leading software for cash collection and credit management.
What day? Thursday Decembre 15th, 2022 What time? 11:00 to 11:45 am ...
11-23-2022
Calculate easily due dates of your bills!
Use our free online tool to calculate the due date of your invoices based on the payment term defined with your customers!
Source of late payments and disputes if incorrectly determined, the due date sets when a debt has to be paid by the buyer. It must be indisputable and in accordance with the payment term applied; which starts from the issue date of the invoice. Some payment due dates are not necessarily obvious...
11-10-2022
How to define a credit management strategy?
Managing the customer's financial relationship is all the more necessary when it is uncertain. How to define a real strategy to develop the turnover of your company while preserving its cash flow and profitability?
Inflation, supply difficulties, increased delays in delivering orders, rising interest rates, etc. The situation is radically new and different from past decades. The effects on companies' cash flow and their ability to honor their commitments are still difficult to determine, but the signs...
09-28-2022
Collection of 84 billion euros accelerated by My DSO Manager over the last twelve months!
1,200 companies in 85 countries accelerate their collections and improve their customer satisfaction thanks to our Credit Management and cash collection software! Why not yours?
The agility and intuitiveness of our software appeals to dozens of companies each month because it allows them to very quickly achieve their goals of improving cash flow and the quality of their receivables management. With no commitment period beyond a month or a quarter, affordable and quick...
09-22-2022

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