Five strategies for achieving best-in-class credit and collections processes
Uncover expert insights from Esker for optimizing cashflow and increasing the rate of invoice resolution
Add bookmark
We respect your privacy, by clicking "Download Your Copy" you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online learning opportunities. For further information on how we process and monitor your personal data, and information about your privacy and opt-out rights, click here.
With many organizations today trading on credit to help drive sales and improve competitive advantage, particularly in the B2B industry, there is significant risk of payment delay for invoices involving trade credit.
Such delays are harmful to cash flow and could result in the invoice eventually being written off as uncollectable. This issue was exacerbated by the Covid-19 pandemic, which resulted in average payment times that were two to three times higher than in 2019.
It is critical that organizations take steps to optimize credit and collections processes in order to minimize risk and secure their cash flow. This white paper, produced by Esker, shares five strategies and tech tips for implementing a best-in-class digital credit and collections process.
Download this white paper to uncover:
- How a clear credit policy can increase the efficiency of the credit management process.
- Why you should keep an eye on existing customers.
- How standardizing rules and guidelines promotes flexibility and adaptability.
We respect your privacy, by clicking "Download Your Copy" you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online learning opportunities. For further information on how we process and monitor your personal data, and information about your privacy and opt-out rights, click here.
