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Understanding the Order to Cash Process: A Simple Guide

Nanonets

Credit Management:  Credit management entails assessing customer creditworthiness, setting credit limits, and monitoring credit terms to mitigate financial risks. This includes conducting credit checks, setting credit limits, and closely monitoring credit terms and collection efforts.

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FICO Payment and Credit Trends Market Update

FICO

To date, the US bankcard delinquency rates have improved drastically largely due to reduced transactional spend, tax refunds, government stimulus checks and payment deferment programs. This market update will help you keep a pulse on the changing circumstances that the pandemic has on consumers and payment trends.

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How to Effectively Manage Short Payments: Strategies, Best Practices, and Solutions

EBizCharge

Businesses can better manage their financial stability by understanding the root causes of short payments. This involves reviewing common payment discrepancies, keeping accurate loan terms and credit limit records, and employing strategies to address unexpected expenses and improve merchant cash advances.

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Managing Accounts Receivable in NetSuite: Tips and Tricks to Handle Credit Card and ACH Transactions

EBizCharge

By regularly reviewing these reports, finance teams can detect potential revenue risks, adjust credit policies if necessary, and determine which customers require follow-ups or escalated collection actions. Credit limits based on customer risk profiles manage exposure to bad debts.

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14 Accounts Receivable KPIs For Your AR Team to Prioritize

EBizCharge

A rising ADD may indicate deteriorating credit control, potential cash flow issues, or a need to follow up more aggressively on unpaid invoices. Monitoring ADD helps businesses identify late payment trends, evaluate their credit policies, improve cash flow forecasting, and take proactive steps to protect and improve cash flow.