In big concerns there will be a dedicated accounts team responsible for the job where multiple people are involved in financial management and being an entrepreneur, you only need to cross-check...
Debt settlement usually takes place when a creditor consents to accept a sum that is less than what one owes in full. Once the creditor accepts that settlement, they can no longer harass one for the...
No business or economy can run entirely on a cash basis. Most companies run on a credit basis, enabling businesses to grow more quickly. There needs to be a balance in your cash and credit ratios to...
Debt collection and Debt recovery - both may sound to be similar to each other. But in reality, they are not. There is a slight difference that these two shares. Basically, debt collection can be...
Whether you're the head of a well-established corporation or the founder of a promising new venture, money problems might make it difficult to get paid by your vendors. If you need help recovering...
Depending on the age of the borrower, the average debt for an Indian family might range from tens to hundreds or thousands of rupees. And in those cases, you may try to negotiate a lower payment...
As a business, the goal is to generate revenue to keep your business running. To create timely income, you need to settle your payments on time. In the business world, unpaid invoices are standard....
The credit management system is crucial for the consistent flow of cash in an organization, which is needed to operate various functions of a company. CreditQ is an award-winning credit risk...
Business credit management Credit management is the process of granting credit to your customers or other businesses. The whole process involves the setting of credit policies, approval of loans...
Commercial credit risk management is not just to help a business foresee their success by mitigating economic risks. But it can also help them get better lenders through creditworthiness with terms...
Commercial credit risk management refers to evaluating your business’s ability to pay its commercial creditors on time, based on various financial factors such as cash flow and net worth. Without...
Looking for a business investment comes with its own set of opportunities and challenges. MSMEs have a huge concern about gathering capital for the smooth functioning of their businesses. Having a...