While the advantages of extending credit far outweigh the disadvantages, the ability to recognize those advantages lies in a company’s credit risk management and invoice collection strategies – and that is where many companies struggle.
Chardon, Ohio (PRWEB) December 10, 2014
Today, e2b teknologies, publishers of Anytime Collect accounts receivable management software, announced the availability of a new resource titled, “Don’t Get Burned: Best Practices in Business Credit Management.” The white paper serves as a guide to help businesses minimize credit risk, reduce bad debt, and increase working capital with a modern approach to business credit and accounts receivable management.
This white paper explains how time consuming traditional credit risk identification and mitigation techniques can be replaced with innovative strategies and cutting-edge technologies to help businesses speed up and simplify the tedious business credit management to better protect their finances.
“While the advantages of extending credit far outweigh the disadvantages, the ability to recognize the benefits lies in a company’s risk management and invoice collection strategies,” said James Mallory, Director of Marketing at e2b teknologies. “Many companies do not know that there are better ways to manage risk and collect invoices than how they’ve always done it in the past. This white paper was written to teach companies how they can make better, faster, more confident decisions about extending credit to customers with new tactics and tools they may not yet be aware of.”
This comprehensive white paper discusses a number of business credit management topics such as:
- Credit scoring best practices.
- The risks and rewards of extending credit.
- The pros and cons of commercial credit reports.
- How to improve accounts receivable forecast accuracy.
- How to determine appropriate customer credit terms and limits.
- Current research on accounts receivable and credit risk management.
- And much more.
The white paper is available for download here.
About Anytime Collect:
Published by e2b teknologies, Anytime Collect accounts receivable management software is a leading cloud-based accounts receivables management software system designed to streamline the entire credit and collections process helping companies get paid faster. Anytime Collect is integrated to leading ERP accounting systems including Intuit QuickBooks, Epicor, Sage ERP, Microsoft Dynamics ERP, and other business applications.