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Days Sales Outstanding: What is DSO and How to Improve It
Days Sales Outstanding (DSO) is a poorly known yet key indicator in managing and improving your cash flow. If you want to know more about […]
Managing Business Risk For Trading: A Guide to Protecting Your Assets
What is Business Risk? Business risk refers to the potential for loss or negative impact on a company’s operations, financial health, or reputation due to […]
Days Sales Outstanding: What is DSO and How to Improve It
Days Sales Outstanding (DSO) is a poorly known yet key indicator in managing and improving your cash flow. If you want to know more about […]
Managing Business Risk For Trading: A Guide to Protecting Your Assets
What is Business Risk? Business risk refers to the potential for loss or negative impact on a company’s operations, financial health, or reputation due to […]
Days Sales Outstanding
What is DSO Meaning? The Days Sales Outstanding, for a given company, is the average time of payment for its commercial invoices. In other words, […]
How to create a credit management strategy
Define your credit management process First, take a close look at the credit management services and practices currently employed by your company: Who is in […]
What is credit management?
What is credit management? Credit management refers to the process of granting credit to your customers, setting payment terms and conditions to enable them to […]
What is Cash Flow Management?
What is cash flow management? Let’s start by providing you with a cash flow management definition: it is the process of tracking and optimising your […]
What is Trade Risk?
What is Trade Risk? Trade risk refers to the potential for financial loss or negative consequences arising from fluctuations in the value of goods or […]
What is Trade Credit
What is Trade Credit? Trade credit refers to an agreement between two companies, where the supplier of goods or services accepts a deferred payment from […]
What is Bad Debt?
What is bad debt? Bad debt refers to an irrecoverable receivable: a type of expense that occurs when a customer to whom you have extended […]
Late payments: how to avoid them and collect payments
Late payments are responsible for a quarter of all business failures. But even one late payment can cramp your cash flow. Legal measures to recoup […]
How to Collect Overdue Payments from Clients and Maintain Good Relationships?
Have you ever had to manage a customer’s late payment and been unsure how to handle the delicate situation to make sure you collect your […]
Business cash flow management: the benefits of cash flow management
Here is a list of the top seven key benefits of cash flow management: 1. Paying your employees on time Your staff helps you keep […]