Credit Management tools Blog

How to get financial information about your customers?

Like any issue, customer risk management requires a rational approach based on information on which the relevance of the analysis depends. What information is useful and where can I find it?

Find our tutorial on the different types of financial and behavioral information to get for effective credit risk management. What is an effective credit risk management? It depends on having a process in place to identify potential credit risks and then using payment terms and tools to make...

06-15-2023

Collection Scenario

Late payments or deadlines monitor credit and reduce the risk of bad debts. Reminding customers of their financial obligations promotes prompt payment, cash flow and reduces credit risk.

What day? Thursday June 27th, 2023 What time? 11:00 to 11:30 am Eastern...

06-10-2023

Intersud and My DSO Manager Have Partnered Up to Provide Synergetic Solutions for Their Valued Clients

Intersud, the trusted source of in-depth financial research, and My DSO Manager, a leading credit management software, are excited to announce their partnership to improve customer financial management solutions by combining both firms' experience.

Intersud, the industry's preeminent source of in-depth analysis of companies' financial health, and My DSO Manager, a first in class provider of credit management software and services, are pleased to announce their new partnership. Their goal is to provide their clients with better financial...

05-26-2023

Check out our brand-new guide to forced collection prerequisites in France

How can you maximize your possibilities of prevailing in a contentious collection action? Discover the secrets to success in this new business tutorial essential!

The series of tutorials on judicial debt collection continues with our expert Pauline THIBOUT, who combines her name with a technical subject from the perspective of a business coach who specializes in assisting businesses with their overall client management. Indeed, CAP RECOVERY is not...

05-22-2023

Enhancing cash flow, Managing customer risk

Uncertainty about financial resources and customer payments can slow down decision-making process. In this webinar credit project experts dicsuss how analytics and technologies support collection strategies and data-driven credit management decisions.

What day? Thursday May 25th, 2023 What time? 11:00 to 11:45 am Eastern...

05-19-2023

New tutorial on the parties involved in a forced recovery in France

Time to move on to the second stage of judicial recovery, which is forced recovery, when a debtor does not voluntarily pay an amount that is due after a court decision.

Forced recovery occurs when the debtor refuses to pay, after a court judgment. These forced investigations are framed by strict guidelines and involve different parties, regular or occasional.. During this period, certain rules must be observed. The only person authorized to carry out an...

05-09-2023

Efficash and My DSO Manager have teamed up to help their respective clientele achieve even greater success.

Consulting, specialized audits, and cutting-edge solutions for managing credit risk and collections are just some of the ways in which Efficash and My DSO Manager are working together to help businesses improve their credit management and working capital

The partnership between Efficash and My DSO Manager is a dynamic collaboration that both companies share a common goal of helping businesses optimize their cash flow and working capital management. What sets this partnership apart is the unique set of skills and expertise that each company...

04-25-2023

Credit managers' strategic marketing object

The follow-up email is a marketing and strategy tool that encourages customers to pay their debts and improves collection. Its use can reduce receivables risk and improve cash flow.

What day? Thursday Apr 27th, 2023 What time? 11:00 to 11:45 am Eastern...

04-13-2023

Attention businesses! Green finance is not just a buzzword, it's a necessity to adopt sustainable practices.

Businesses need to prioritize sustainable practices and green finance, as it is not just a passing trend, but a crucial necessity. The use of eco-friendly alternatives and reducing carbon footprint are highlighted as important ways to achieve this goal.

One way to reduce your carbon footprint is by minimizing paper-based invoicing and payment processing, but did you know that reducing unnecessary emails can also have a significant impact? Ademe estimates that businesses can save up to one ton of CO2 per year, which is equivalent to one...

04-12-2023

What exactly is a credit manager?

What are the responsibilities of a credit manager? Why is it so unique, often misunderstood, and thus poorly integrated into companies? Excerpt from My DSO's pitch at the Credit Management French Association event in Cagnes-sur-Mer on 2nd March.

Being in a "no man's land" between finance, business, and clients is a weird and solitary position to be in. As a result, a credit manager may find himself stuck between not two, but three converging flames while being located in an exposed location, Witness to prior clashes between...

03-13-2023

Cash collection Media Tutorial

Chase up customers for payment is a good practice! But with what media? Phone, email, SMS, interactive email ... Which communication vectors choose to be the most effective?

Find our tutorial on recovery media. The ability to communicate effectively is at the heart of receivables management. Whether externally (customers) or internally (commercial staff, sales administration), the quality of the information shared is essential to obtain results....

03-09-2023

Blog of the Credit Management and cash collection