Improve Order-To-Cash to Increase Shareholder Value The Order-To-Cash (O2C) process is an area that that remains largely untapped by many businesses. However, smart and effective management of the O2C process could help to improve business performance and the bottom line. It is no surprise that more and more corporations are beginning to prioritize this strategy… Read more »
Electronic Signatures in Credit Application Automation – A Best Practice
e-signatures Electronic Signatures Digital Signatures Companies today routinely use e-signatures to streamline and speed commercial transactions. However, we still sometimes get a question as to whether electronic signatures are binding in the United States and Globally. The following information is provided from U.S Government websites as well as our Smyyth companies corporate e-signature partner,… Read more »
Automated Credit Applications
Best Practices – Online Credit Applications Credit Application Software Credit Application Systems 80% faster credit approvals 90% less manual work 5% more sales from new accounts Online credit applications are relatively new and even the simplest offer a browser-based application filled out by the customer and then processed by the creditor (but usually completed off-line,… Read more »
Credit and Payment Scoring For B2B
There are many excellent reasons to incorporate automated credit scoring in your credit (and collection) operations, including faster and better quality decisions, enhanced customer service, more effective compliance and controls, and significantly reduced overhead. Employing credit scoring in a B2B environment is in itself a credit management “Best Practice”, especially if you have many customers…. Read more »
11 Trends in Credit Automation
Here are 11 trends you need to know about the future of credit decision automation; many of these are already available in a best-of-class risk management platform. Using Artificial Intelligence (AI), and Robotic Process Automation to replace manual tasks and improve accuracy in B2B credit checking, the best systems can revolutionize the credit approval process for… Read more »
End of the year – Days Sales Outstanding
Well, here we are again – the end of another year. While you review your balance sheet all year, December is when you scrutinize it upside down and inside out. What did you do right throughout the year? What can be tightened up? Days Sales Outstanding – or “DSO” – is one of the metrics… Read more »
Automation For New Account Credit Applications
“Back to the Future” in Credit Management Marty McFly would recognize today’s business credit applications as going back to his grandfather’s generation. Little has changed – until now, that is. The Credit2B ECOS™ Platform changes all this, as it completely automates and accelerates the on-boarding of new customers, even integrating industry sector trade, customer trade… Read more »
Leib Receives A.M. Best Expert Designation for the 7th Year
We are very proud to announce that Leib Solutions has been selected by A.M. Best as one of a handful of companies in the world receiving the coveted “Expert Service Provider” designation for collection and accounts receivable services.
