Credit Management tools Blog

The CFO, a key role during the crisis

The return of the war on the Ukrainian front is profoundly transforming our environment and European companies are now feeling the full impact of the shockwave of this conflict.

The guarantee of good administrative and financial management within the company is the responsibility of the CFO: the Chief Financial Officer, a real pillar in times of crisis. The CFO must preserve the financial health of his company by facing a certain number of problems due to the...

04-19-2022

Take part in the My DSO Manager flash presentation webinar!

Don't miss the flash presentation of My DSO Manager, Cash Collection & Credit Management Software.

What day? Thursday May 12th, 2022 What time? 11:00 to 11:30 am CET...

04-14-2022

Government resilience plan

What are the measures in the Government's resilience plan for businesses impacted by the war in Ukraine?

The Government is maintaining the loans put in place during the Covid 19 health crisis to prevent bankruptcy of affected businesses and adding provisions for businesses subject to the economic consequences of the Ukrainian conflict: The state-guaranteed loan (PGE) is available until June...

04-08-2022

Euler Hermes becomes Allianz Trade

Euler Hermes changes its name and becomes Allianz Trade.

On March 28, 2022, the world leader in credit insurance, Euler Hermes announced its name change. "We are very happy to see Euler Hermes become Allianz Trade, and are convinced that this change will bring many benefits in terms of brand awareness, business development, growth and...

04-04-2022

Should we talk about credit management in 2022?

Are there legitimate subjects when fundamental values are denied? Does our job still make sense when barbarism imposes itself on us?

How to talk about credit management when millions of people are suddenly attacked? That the missiles threaten, that the cantors of destruction make themselves heard again, that the soldiers bring out their medals and advocate the unspeakable past suffering as a symbol of the greatest...

03-10-2022

Take part in the My DSO Manager flash presentation webinar!

Don't miss this exclusive webinar and discover the advantages of cash collection software My DSO Manager

What day? Thursday March 24th, 2022 What time? 5:00 pm to 5:30 pm CET...

03-08-2022

The crisis committee on payment terms becomes the action committee on supplies and payment terms.

After the confinement measures, it is the resumption of activity that caused supply tensions for electronic products and raw materials.

Faced with tensions over supplies, the French Ministers of Economy and Industry have decided, with the Banque de France, to extend the missions of the crisis committee led by the Business Mediator and the National Credit Mediator. While the entire economy is affected, the hardest hit sectors are...

02-10-2022

Five strategies to reduce your overdues!

How to reduce your overdues? How to prevent and limit the risk of non-payment? Find our five best practices.

Recurring late payments, unpaids due to insolvency or cash flow tensions, unresolved disputes, etc. There are many causes that negatively impact businesses cash flow and profitability. Faced with these risks, there is no fatalism but simply good practices to be applied on a daily basis. Here...

01-18-2022

Best wishes 2022!

We thank you for your trust and loyalty. We wish you all the best for this new year!

We wish you a new year 2022 full of light, inspiration and success! All the team of Credit Management Tools. See you soon Credit tools Follow us on our social network:

01-05-2022

Meaning and credit management

The quest for meaning at work appears to be a major issue because it directly affects companies and their economic performance.

Improving cash flow and profitability, internal processes and customer satisfaction, and supporting the development of sales are the major stakes covered by the credit management function in a company. Its interest is undeniable and can be easily quantified thanks to numerous indicators: DSO,...

12-16-2021

Digitization of collections, a new essential aspect of customer relations?

Is digitization of collections process inevitable? Where do we stand in numeric revolution in credit management activities?

Do you remember the listings of unpaid invoices that came out on endless paper with strips of holes on each side? Some tried to untie the tapes because it made it "cleaner", others didn't. A question of style in the corporate world of the eighties. Then, each line was marked with...

11-25-2021

Blog of the Credit Management and cash collection