Credit Management Group

Your Internal Operations Are to Blame, Not Your Clients Fix Them with Credit Management Group Most businesses don't realize the extent of cash that is trapped on the balance sheet in the form of accounts receivable. Freeing up the cash through efficient credit management operations can result in optimized working capital....Continue reading

Building Stronger Business Relationships Even When Your Client Doesn’t Pay One of the pillars of a successful business is a good relationship with partners. Every business customer should be seen as a life-long partner who will not only continue to do business with your company, but also invite others to do business with you. Disputes are bound to occur in every business deal that involves accounts receivable. The interests of multiple parties need to be considered ...Continue reading

The true cost of accounts receivable (AR) is rarely known or just ignored. But the fact is the AR costs can turn out to be surprisingly large. #OutsourcedAR #CMG http://bit.ly/2UHciym

How Much Is A/R Administration Costing You? The true cost of accounts receivable (AR) is rarely known or just ignored. But the fact is the AR costs can turn out to be surprisingly large. A 2017 survey carried out by the Hackett Group found that effective accounts receivable collection strategies can have a positive impact on the gross margin. Companies which can reduce the cash conversion cycle experience 1.2 percent improvement in gross margin. A decrease in DSO by...Continue reading

Managing bad debt is particularly crucial for small businesses. Bad debt will: Reduced Profit Margin Difficulty in Obtaining Loans Prevent Growth of a Business Increases Risk of a Bankruptcy... Reduce cash flow problems by outsourcing your Accounts Receivables. It is an option more and more businesses are relying on. Reach out to the professionals with a proven track record today! https://ecs.page.link/a6bY