Posts Tagged ‘Credit risk management’
Estimate Uncollectible Accounts: Best Practices
Wednesday, October 26th, 2016Despite your best efforts, an unavoidable part of doing business is the occasional uncollectible account. Although every business owner wants to avoid this and does her or his best to do so, uncollectible accounts are inevitable. These accounts are receivables or debts with either little chance of being repaid or none at all and are…
3 Stages of Credit Risk Management in Your Order-to-Cash Cycle
Thursday, September 17th, 2015A healthy cash flow is vital to any business, so naturally, businesses spend a lot of time tracking their order-to-cash cycle, that all-important process by which you deliver your goods and services and then get paid for them. Still, the cycle is complex, and payments are influenced by everything from the promises your salesperson makes…