Blog of the Credit Management and cash collection
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
For his 4 years, My DSO Manager celebrates his 523rd customer!
My DSO Manager is four years old, a rebellious age for kids, and strong growth for the flagship credit management solution.
Faced with the difficulties of the companies, resulting from a deficient management of the accounts receivables, the first idea of My DSO Manager is to bring a relevant, very effective and affordable solution for VSE / SME as well as to big international groups.
Some references:
The...
07-02-2019
Improve your business with debt collection
As the last step in the sales process, cash collection management collect all its dysfunctions, which represents a unique and often untapped opportunity to identify and fix them.
This tutorial highlights the potential for business improvement through debt collection.
It demonstrates and explains how this function can both accelerate customers payments, improve customers satisfaction, and help resolve internal malfunctions.
Demonstration, practical cases, ...
...
06-27-2019
The 6 rules to manage inventories and optimize WCR
Key element of the Working Capital Requirement, inventory should be optimally managed for cash flow, logistics and profitability reasons.
WCR or working capital requirement is a critical indicator for any business that is subject to delays between making and receiving payments.
Trade and distribution activities are particularly concerned and should be more closely monitored. Management of customer and supplier debt is essential...
06-03-2019
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Words of experts
Find the latest articles of collections and credit management specialists
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