Trade Credit & Liquidity Management

JUNE 2, 2025

Open Lines of Communication and Understanding Calibrate Perceptions: Regularly assess how your department is perceived by sales, customers, and management. Proactive Account Updates: Keep sales informed about accounts with payment issues or upcoming credit holds. Is this post helpful?

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Stax

FEBRUARY 19, 2025

Look for options that allow for periodic assessments, opt-out clauses, or short-term agreements that enable you to change providers if necessary. Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks.

Payments 88

Payments PCI DSS Compliance Risk 88

EBizCharge

JUNE 20, 2024

Regularly review past-due accounts Identifying overdue accounts involves regularly reviewing payment records to pinpoint accounts that have missed their due dates, allowing for early detection of potential payment issues and enabling proactive measures to manage them effectively. Reporting the Dispute Step 2.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

PYMNTS

MAY 1, 2020

We quickly changed many of our procedures to enable members to use DocuSign to provide electronic signatures from home,” Vas Nunes said. This helps the CU better understand the real experience members have, whether they are making transactions or seeking to access products or resolve payments issues, she said.

Credit Union 63

Credit Union Security Credit Cards Online and Mobile Banking 63

EBizCharge

JUNE 27, 2024

Best practices for calculating DSO Following best practices for DSO calculation ensures the accuracy and consistency of financial metrics, which are critical for assessing a company’s liquidity and cash flow efficiency. Segmentation: Analyze DSO for different customer segments or products to identify specific areas needing improvement.

Best Practices 52

Best Practices Adjustments Assessments Automation 52

EBizCharge

MAY 13, 2024

Improving the customer experience: Automated payment systems can enhance customer satisfaction by providing customers with more convenient payment methods through online payment portals, easy access to their account information, and swift resolution of payment issues.

Automation 52

Automation Disputes Payments Process 52

Nanonets

SEPTEMBER 22, 2023

It is crucial to collect these outstanding payments as soon as possible to avoid tying up working capital and facing longer business cycles. This involves setting up credit policies that assess the creditworthiness of customers and establish clear payment terms.

Accounts 40

Accounts Disputes Automation Risk 40