Blog of the Credit Management and cash collection

How to perform reliable credit analysis during Covid-19 crisis?

What is credit analysis and how does it help to prevent the risk of unpaid invoices especially during actual crisis which may impact creditworthiness of businesses very quickly?

The crisis that strikes us is so sudden that the situation of companies can drastically change in the space of a few weeks. How to take into account this major risk of seeing your customers become insolvent and not being able to pay your invoices? How to assess their resilience to the crisis?Find...

04-27-2020

Credit tools and My DSO Manager to optimize your company's cash inflows

Our entire team is on the bridge to provide all of our users with the best tools to manage their Accounts Receivable and accelerate their company's cash inflows.

Dear customers, dear visitors, In this difficult period for everyone, we really want to inform you that Credit Management tools and My DSO Manager team remains active and mobilized to ensure the continuation of the service, the quality of the support and to provide you with key advice for cash...

03-31-2020

Covid-19 crisis and credit management: act now!

What impact on credit management and accounts receivables management will have the economic crisis caused by the Covid-19?

In addition to the health and human impact, the effects of the global health crisis will be obviously major for the economy. It will probably be more significant than those of the 2008 crisis which "was only a financial crisis" whose effects on the economy had certainly been significant but which...

03-20-2020

Happy New Year with Credit Management tools!

Credit tools and My DSO Manager team wish you a very Happy New Year for 2020 and to optimize your company's Accounts Receivable, thus ensuring its sustainability and development.

A company is a living organism in perpetual evolution which must adapt to its environment to survive and develop. The quality of the services and products marketed must constantly be improved in order to correspond to the market and the needs of the customers. As such, the AR is a good...

01-02-2020

Which credit management organization in SMEs?

How can SMEs organize themselves for optimal management of their accounts receivables? Which actors should be involved with which organization?

How to manage the last but essential step in the sales process of your business? The one without which everything that has been done previously was done for nothing: commercial negotiation, delivery or realization of the service, billing and after-sales service, etc. Find out our tutorial...

12-13-2019

New tutorial about collection efficiency rate

Check out our tutorial on this Key Performance Indicator, which is stimulating and positive, and allows collectors to constantly evaluate themselves.

Evaluating the performance of the collection managers very often leads to many questions as no indicator is really indisputable. Unlike sales people for whom turnover and order taking are unavoidable, the subject here is more complex. The collection efficiency seems to be an extremely...

12-10-2019

How to manage customer risk with My DSO Manager?

Modern, intuitive and powerful software created by credit managers, My DSO Manager integrates all the features required for a smooth and optimal management of customer risk.

Assessing the creditworthiness of customers and then adapting payment conditions accordingly are the first key steps to avoid bad debts and late payments. My DSO Manager, full Credit Management solution, allows to analyze and control the risk with several integrated functionalities: ...

11-19-2019

Vote for the start-up of the year!

My DSO Manager has been selected with fifteen other companies to be part of the candidates for the Start-up Trophy of the newspaper Presences! Vote online to support the one that seems most relevant to you!

Why vote for My DSO Manager as a start-up of the year? Because My DSO Manager is already used by more than 600 companies of all sizes in 70 countries to improve their cash flow and their WCR. Veolia, Schneider Electric, Atlas Copco and many others manage their Accounts...

10-31-2019

Zoom on Risk Management in Export business

How to manage the export credit risk? Which security tools to use? Read our tutorials and tools to identify, assess and cover risks.

Find our eight tutorials and eighteen tools concerning this essential part of the credit manager job where cash management is intrinsically linked to the risk management in export business. In export, everything is more complex. The risks are numerous and of many natures. The high value...

10-04-2019

Last news of My DSO Manager

Continuous improvement while keeping the intuitiveness of the software is the leitmotif of My DSO Manager, SaaS solution for managing cash collection.

Here are the new features recently added to My DSO Manager: Automatic actions ? set the days and time slots for sending automatic e-mails New Hashtags to manage amounts in different currencies ? add _per_currency at the end of each Hashtag in order amounts are grouped by...

09-18-2019