An ambitious credit manager wants to achieve maximum results – results that are made visible through a number of measurements and metrics. Daily measurements from your credit management environment, showing the financial health of your receivables portfolio.
On Tuesday July 4th, OnGuard hosted a networking event for credit and finance professionals, along with a fascinating presentation from Greg Williams, editor of WIRED, on the future of technology.
Businesses – and credit management teams – that make the most of digital transformation and system-enabled intelligence are building a foundation to improve everything from business processes, supply chain and logistics, customer experience and cash flow.
Whether you’re setting goals in your personal life, or in a credit management function, it’s very important to track progress. Check out five reasons why goal setting can lead to better performance.
Why people power remains essential in our high-tech world. Despite recent news stories about how robots are going to take over most jobs in the next 20 years, the majority of experts believe that people will continue to play an important role in business.
Late payments left UK SMEs £266 billion out of pocket in 2016. Add to that the late payments for larger organizations, and it’s easy to see how much of an effect late payments can have on individual businesses, as well as the economy as a whole. Late payments are a problem for businesses of all shapes and sizes. Where do you start if you want to prevent them? Check out these 5 things you can do right now!
Spreadsheets – they’re great, right? But if you’re looking for a better way to manage your data, then it’s time to look into specialized credit management software.
Credit professionals need to be sure to pay close attention to policy, processes, and controls to ensure the O2C is running smoothly, efficiently and in a way that ‘s compliant with all relevant regulations.