In recent months we have seen the highest inflation rates in ages, and in just about every country. Across the entire Eurozone, inflation was 8.1%. And in the United States, inflation was as high as 8.6%, the highest rate in four decades. Whatever the reason for...
It is almost impossible to manage debtors well and efficiently without software specifically designed for the task. Good software for debtor management not only ensures faster payment of invoices but also saves time and increases efficiency for teams. It also improves customer relations.
Logistics service provider H.Essers sought a credit management solution that could handle their specific needs in a challenging transport sector.
In collections, procedures regulate how you deal with customers and ensure a consistent approach to collecting outstanding invoices. Let’s find out how we add more flexibility to the collections process.
The future of organizations and businesses will be decided by the ability to embrace and build ecosystems. In his keynote at this year’s Billtrust Insight Rik Vera talked about this decade as The Twilight Twenties and all the challenges that come with it.
The lower your DSO, the better for receivables management and thus the health of your business. What steps can you take to improve your DSO and turn a relatively high DSO into a lower one?
A credit policy is one of the ways to protect your company’s cash flow against late payments. How to draw up a credit policy?
Demand for credit controllers remains high, even now the worst of the COVID crisis is behind us. Rising inflation is starting to bite for a lot of companies, which simply underlines the importance of efficient credit management. But what exactly does the role of credit controller entail?
“Know your customer” is as important in credit management as in other parts of a business.
The role of payment profiles in the collection process is rarely highlighted. Yet they can help in debtor management and ensure better results.