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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.
For those in the credit and collections industries, it can be a challenge to keep up with new regulations and requirements. Check out these three new bits of legislation that you’ll want to start preparing for as soon as possible:
When it comes to choosing the software you use in credit management, it’s good to remember that there aren’t really many « bad » tools. But there are lots of « wrong » tools. Check out which one is right for you!
The CICM and FSB created a new guide, titled Managing Cash Through Brexit. In the guide, you’ll find a series of questions to help assess your company’s current risk profile, and it offers a list of ten tips to help manage cash.
When it comes to keeping your credit management and IT functions connected and running smoothly, there are benefits to both on-premises and hosted solutions. Read on and discover what you should think about when you need to make the choice.
A lot of companies are dealing with the problem of late payments. Many initiatives have been started to try and encourage businesses to pay on time, but none of these have solved the issue entirely. This month new financial reporting rules will come into effect in the UK, requiring big businesses to post their payment records on a government website.