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Transport and Logistics: Five tips to optimise your gross profit
Soaring fuel prices for players in the transport and logistics sector make it all the more important to optimise your gross profit. You cannot change fuel prices. But you can streamline your credit management to achieve a healthy boost to your gross profit margins. And that can make all the difference in this time of crisis! Wondering how? These five tips will take you all the way.
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What does a credit controller do?
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: an important step in the order-to-cash process
“Know your customer” is as important in credit management as in other parts of a business.
The role of payment profiles in collections
The role of payment profiles in the collection process is rarely highlighted. Yet they can help in debtor management and ensure better results.
Already got an accounting package? You should still invest in credit management software. Here’s why.
An accounting or ERP package can be used to perform many business and financial functions, but it is not nearly versatile enough to handle all facets of the credit management process or debtor management.
Dispute management in iController
In iController, automatic dispute management is built into the platform by default and is part of a broader workflow within debtor and credit management. This article gives an insight into the handling of disputes in iController.
Why a good DSO is different for every company
Calculating and determining your DSO is one thing, but interpreting the figure is another. There is no such thing as an ideal DSO because various factors affect the DSO.
Collect payments faster with customer segmentation
If you really want to lift your credit management to a higher level, thorough segmentation of your customer base is a must.
7 tips for successful credit management
Estimated reading time: 6 minutes What is credit management? Debtor management and credit management are often mentioned in the same breath. Yet, we can distinguish some differences. Whereas debtor management (or accounts receivable management) mainly focuses on the...
The modern CFO: searching for the best financial stack
In recent years, the responsibility for a company’s digital activities has increasingly fallen to the CFO. In this article we discuss the points to consider when choosing these tools.