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Mountain States Commercial Credit Management – elevated credit and collection services since 1988. Call us to improve your cash flow.    800-457-8244

Archive for the ‘Risk Management’ Category

Cash Flow Is Critical, Especially During a Crisis

Thursday, February 25th, 2021

Cash flow is critical to the success of your business; but when that cash flow is tied up in accounts receivable, you may not be able to keep up with business expenses to keep the business viable. With good people and good accounts receivables (AR) management, you should be able to stay on track. What…

When Your Client Disputes Your Invoice

Thursday, February 20th, 2020

Invoice disputes can interrupt cash flow and take time and effort to resolve. They also can damage relationships, if not handled properly. Here are some tips for managing your invoices and related disputes to reduce the impact they have on your business. Be proactive The best way to solve payment disputes is to avoid them….

Want to Improve Your Company’s Credit Risk Management? Get Automated

Thursday, September 12th, 2019

Is excessive overtime a financial burden for your credit department? Does your sales department complain about the length of time the credit approval process takes? Is your Days Sales Outstanding (DSO) higher than it should be because you don’t have enough staff to stay on top of accounts receivable? As credit departments are being asked…

Join the Conversation! Attend an Industry Credit Meeting Group

Wednesday, December 27th, 2017

Do you ever find yourself with no one to turn to when asking credit-related questions? Do you wish you had someone with whom to discuss credit lending ideas? Do you find yourself wishing you had a direct helpline to a collections professional? You’re in luck! The experts at Mountain States Commercial Credit Management (MSCCM) host…

Use Experian Business Credit Monitoring Tools to Avoid Credit Risks

Monday, December 18th, 2017

Some of the best advice we could ever give is for credit managers to avoid risk by taking proactive measures — instead of being reactive. What we mean by this is we encourage all credit managers to use the many available tools to make informed lending decisions before ever selling products or lending money, rather…

How to Protect Your Firm from Common Fraud

Wednesday, May 17th, 2017

Unfortunately, some fraud likely exists in your firm right now. Do not wait until you identify a problem to take action and protect your assets.

Fine-Tune Your Credit Risk Management Process

Tuesday, January 31st, 2017

The start of a new year is always a good time to review your credit management and collections policies. Are your systems functioning properly? Are you managing risk in a way that makes sense for you and your business? If you answered no or are not sure how to answer these questions, now is a good time to fine-tune your credit risk management process.

B2B Fraud: Do You Know the Signs?

Wednesday, September 28th, 2016

One of the biggest credit management risks that business leaders face is something many may not have considered: business-to-business (B2B) fraud, including bankruptcy fraud. B2B fraud occurs when a member of a business you have contracted with purposefully and deceitfully defrauds your company by taking advantage of the credit you have lent without intent to…

Know the Red Flags of Credit Management

Tuesday, August 16th, 2016

A credit report evaluation is a good first step in your credit review process, allowing you to see if a new customer is worth the risk. It can certainly offer valuable information, but to take this review a step further, you’ll need to look at the company’s financial statement as well. You’ll get a more…