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Coffee with Atul Vadher, CICM

29 april 2021
10.00 am

While enjoying a cup of coffee, Andy Bass, Business Developer at Onguard, was in conversation with Atul Vadher, CICM Branch Chair and Advisory Council Member on ‘Credit where credit’s due’.

During this session, they had an open conversation on all things credit from those in charge to those on the front line.This was Part 1 of 2.

Part 1

  • ‘DSO’ – What is it? Why is it important? Who should care? When should you use it? How is it calculated?
  • ‘Credit Insurance’ – What should be insured? Why do you need it? Who should you use? When does it help? How much does it cost?

 

Watch the recording below and stay tuned for part to on our event calendar.

 

Visma | Onguard Coffee Conversations

During our coffee conversations, a variety of experts in order-to-cash are interviewed by VP Marketing Floor Stam. Pour yourself a nice cuppa and let our guests inspire you with their visions on order-to-cash, credit management, the financial industry, and the future of business. For more videos, visit and subscribe to the Onguard youtube page.

Credit Health Scan
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Est. time: 3 minutes
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What is the annual revenue of your organization?

What are your standard payment terms with customers?

How many FTEs are in your credit management department?

How many invoices does your organization send annually?

How many days on average do your customers pay past your payment terms?

Which system do you primarily use for accounts receivable management?

What percentage of your invoices is paid after the due date?

How does your reminder process for outstanding invoices work?

How quickly do you have insight into your total accounts receivable position?

How do you assess the credit risk of new customers prior to delivery?

How are payment agreements with customers recorded in your organization?

How do you forecast your expected cash flow for the next four to eight weeks?

What percentage of your annual revenue do you write off as bad debt on average?

How do you handle invoice disputes and payment discrepancies?

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