Credit Management tools Blog

Tutorial on recovery scenarios

Using recovery scenarios is essential to achieve good receivables management performance. How to implement them?

New tutorial on recovery scenarios which are essential tools to optimize the management of the working capital and cash flows of its company. These structured processes also have a strong impact on quality and customer satisfaction. Contrary to what think some sales people, a lax recovery is...

07-07-2015

MY DSO MANAGER is online !

The innovative web debt collection application is now available. Start using it now

MY DSO MANAGER is launched ! You can access to the application now and begin your 15-day free trial. Discover: the presentation video and the operating mode the demo and online help and especially the application itself you can use right now See you soon on MY DSO...

07-01-2015

The launch of MY DSO MANAGER approaches!

The innovative web application of debt collection will be made available to businesses by the end of June!

MY DSO MANAGER will be online by end of June! Key principles Simple. The software is easy to access and to use. You can make your first dunning actions few minutes after registration. Efficient. The...

06-22-2015

Simplification and improvement of the credit notation scoring tool

What are the criteria that make a relevant business scoring tool? Evolution of the online tool Credit Notation

The relevance of a business scoring method depends on three essential criteria: Simplicity and understandability of the tool by the user. Completeness of criteria that cover financial and behavioral aspects. Construction of the score by the user. Indeed, a sophisticated score...

04-14-2015

Tutorial and online tool for calculating the Z score

The Z-score is very used by credit analysts. What are its strengths and limitations? Online Calculator

New tutorial on Edward Altman Z score, American inventor in 1968 of the business scoring tool which establish a probability of default within two years. The Z score is still widely used after many successive tests and improvements. It is very popular especially by Anglo-Saxon companies who...

03-17-2015

New tutorial on aging balance

How to create and use an ageing balance? How can it help you in managing your trade receivable? Tutorial and Excel tool to download.

Tutorial on the aging balance The aging balance is an indispensable tool for organizing debt collection According to its presentation, it gives several views of customer balances (not due yet, overdue for more than 120 days... etc.) and it helps to prioritize dunning actions. It also...

02-25-2015

New tool : the credit risk profile sheet

This tool helps to make a synthesis of a credit case and to consolidate all information needed (commercial, financial, political and economical context...etc.) into a single document.

This new tool is a simple sheet including all the data required to perform a strong credit analysis and to be able to share easily this credit case with all people involved in the credit risk validation process. It is divided into several parts: Customer data. Macroeconomic context...

02-18-2015

Zoom on the cash and risks curves

Focus on this Excel tool to assess the exposure curves on a project and the impact on cash flow month by month

The tool cash and risks curves simulates dynamically the credit risk and manufacturing risk based on monthly costs and payment term applied to invoices. It gives on a monthly basis the actual risks incurred by the seller (loss amount in the event of default by the buyer) and the level of...

02-16-2015

What role for the CFO in credit management?

If the management of credit and collection is done by the credit manager and his team, what is the role of the CFO in the management of this strategic asset?

Revenue growth, optimization of the working capital requirement (WCR) and cash, increase of the profitability and of earnings are all issues related to the management of the accounts receivable orchestrated by the credit manager. The accounts receivable are also the first or second position in...

02-05-2015

What payment methods for export business?

Watch out for traps! The documentary credit commonly called letter of credit is not one and the letter of credit differs drastically from the standby letter of credit. Clarifications needed.

International trade is very specific and differs significantly from domestic trade. Realities are multiple depending on the sector of activity, the country of the buyer and the type of business case. If the means of payment and security tools used are not very numerous, confusion can cause...

02-04-2015

Use online tools of credit management tools!

You need to calculate your DSO and to manage it month by month, to calculate late payment penalties or to assess creditworthiness of your clients...etc? Visit the online tools of Credit management tools.

DSO calculation and DSO reporting : calculate the DSO of your business or for a group of clients or per client. The tool split the DSO into 2 parts: the contractual DSO and the overdue DSO. It also calculates another key performance indicator : the % of overdue. Late...

01-29-2015

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