Collection Best PracticesThat Increase Cash Flow
Accounts receivable collection at many companies is still done the way it was in the green eyeshade era, leaving a great deal...
Subrogation Collection Best Practices
General Insurance executives are familiar with subrogation, the insurer’s legal right to pursue damages after paying a claim. However, it...
Bad Results From Arbitrary Application of Credits and Debits
Let’s say you have a large customer with a huge number of small-dollar unapplied credit memos, invoices, unapplied cash, debit memos, and deductions. For...
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...
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...
Calculating Bad Debt Reserves
In most companies, calculating Bad Debt Reserves is not a super-complex affair, but should be approached with a consistent methodology from...
Leib Joins the Smyyth-Creditek Companies
We are proud to announce that Leib Solutions LLC has become one of the Smyyth companies, joining Smyyth LLC, Creditek,...