Trends such as blockchain, big data, artificial intelligence and (robotic) automation may ring a bell. All these terms trip off the tongue when we’re talking about fintech.
Fintech stands for finance and technology. It’s an emerging industry that aims to make financial services much more efficient, transparent and simpler for consumers as well as companies and organisations.
The sector is hot and the source of many good new jobs. But why would you want to work in fintech? Let’s briefly sum up what you can expect.
A dispute is often the reason why invoices are not paid. Dispute management offers the solution. Read here how best to deal with this.
The role of credit manager is a challenging one. In the first part of this article we’ve already drawn up three duties or tasks, and we spoke about the required skills. In part two we talk about nine more duties of a credit manager.
Defining the credit manager today as a mere accounts receivable manager would do them a disservice. Credit management starts with prospects and new customers who have to be assessed for their credit risk and the involvement continues throughout the order-to-cash process.
A company’s payment behaviour is a good indicator of its financial situation. If you have insight into your customers’ buying behaviour, you have more control over figures such as DSO (Days Sales Outstanding) and you can take appropriate measures.
Billtrust, the American market leader in the automation of accounts receivable administration and integrated payments, has acquired iController, the Ghent-based specialist in accounts receivable management. With the acquisition, iController takes another step on the path of exponential growth.
Your team has worked hard to deliver a professional product or service to the customer. It was delivered on time and meets all the conditions in your quotation, but the payment of the invoice has not followed. How do you know if a customer is unlikely to be able to pay you?
The most outlandish excuses do the rounds when it comes to overdue invoices. The credit controllers among us could write a book about it. Here are our Top Ten Excuses.
Debtors are customers who have yet to pay their invoices. Debtor management is the activity of ensuring that these debtors pay their outstanding invoices and bills.
When you send an invoice or payment reminder, you ideally want customers to pay quickly. In which case, offering a payment link is the best solution.