Trade Credit & Liquidity Management

JUNE 2, 2025

Proactive Account Updates: Keep sales informed about accounts with payment issues or upcoming credit holds. Look for ways to adapt procedures to support sales without compromising risk standards. Advance notice allows sales to address problems early and maintain customer trust. Is this post helpful? Share 3.

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Stax

FEBRUARY 19, 2025

Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks. How to Transition Smoothly to Outsourced Support If you decide to outsource your payments support, consider these best practices for a seamless transition: 1.

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

The Fintech Times

MARCH 20, 2024

“We are told that going cashless is super convenient, is quick and easy, but when card systems crash, these businesses can’t seem to cope, and they don’t have adequate backup procedures in place to accept cash payments. Secondly, people who don’t carry enough cash are increasingly left high and dry and can’t pay for their goods. “My

Contactless Payments 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

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

APRIL 26, 2024

Accounting teams are tasked with identifying discrepancies, communicating with clients to rectify payment issues, and adjusting cash flow forecasts accordingly. By automating detection processes, technology can instantly flag invoicing discrepancies for immediate attention, expediting the resolution of payment issues.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

Nanonets

APRIL 3, 2024

The vendor reconciliation process is the systematic procedure of verifying and aligning the financial records of a company with those of its vendors. By reconciling invoices and payments promptly, businesses can avoid overpaying or missing payments, thereby maintaining healthy cash flow levels.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52