Interested in news about credit management? Stay up-to-date with diverse areas of credit management news by reading our blogs on topics such as order-to-cash, credit management software, financial forecasting and big data.
Despite the increasing availability of innovative new software on the market, nearly half of finance professionals can’t escape from Excel.
Every entrepreneur struggles with the question: how do I get my invoices paid faster? We will help you on your way with four tips.
When the pandemic began, the focus was on freeing up cash and resources to stay afloat, but many businesses are still facing challenges.
How can companies avoid payment pitfalls and lower their DSO in times of economic uncertainty? Read our blog to find out 4 of our top tips!
In recent years, as technology has evolved, so too has finance departments. How does it effect the changing role of the CFO?
Blockchain has been on the radar for some time but is a poorly understood term. What can you do to break down blockers to blockchain?
Want to keep customer satisfaction high within the automotive sector? A good order-to-cash and credit management process helps in your services. Even with less well-paying customers.
While most businesses have the best of intentions to pay faster, economically uncertain times can get in the way, and this can have a significant impact on the receiving company’s cash flow. How do organisations ensure they get paid?
As the dust from COVID-19 settles, it’s the perfect time to re-examine which Accounts Receivable solutions are a long-term fit for you.
In a previous blog we discussed AI and RPA. So how far have we come and what obstacles remain for digital transformation?
Robotics such as RPA and IA continue to have a major impact in financial organisations and achieving their data-driven dreams.
After four years of research, we have now collected so much data that we can chart developments over the years. This has given us insight into a range of interesting trends, such as, the technology trends being most widely embraced, and how developments on both sides of The Channel differ from each other.
In the area of risk management there are many similarities between finance departments and top-level sports than you may think.
As 2020 approaches, digital transformation is an incredibly important step for your business. Read this blog to find out just how important it is within finance.
Growth hacking can be a good method to find out what drives customers, how you can optimise the customer journey and stimulate growth.
The future is digital and the relentless pace towards that reality is epitomised by expanding digital transformation initiatives.
COVID-19 has accelerated digital transformation across the credit industry and organisations face the challenge of making their data usable.
How can data be used effectively in the order-to-cash process. A personalised approach to communication results in optimum cash flow and high customer satisfaction. But how do you set it up?
Human connection has proven to be a challenge during the Covid-19 pandemic, especially as 79% of finance professionals have worked from home for at least 50% of the time over this period, according to Visma | Onguard’s Fintech Barometer 2021. This disconnect has naturally extended to feelings around the wider organisation, with 54% feeling somewhat connected and 12% feeling a low level of connection to their company’s goals and ambitions.
Effective risk management reduces the likelihood of non-payment. For the automotive sector, where high-value payments are often due every month, being able to assure those payments will be made is essential. Read this blog to find out some of the ways you can reduce risk in your automotive order-to-cash process.
A CFO is the bridge of the finance department and the rest of the organisation. To be successful in this evolving role new skills must be developed. As a CFO, you no longer only check the financial lines, but you are a real strategic player within the company, driving digital transformation.
More businesses are now turning to automated order-to-cash platforms, and those that commit to cloud-based versions are additionally benefitting from seamless deployment, simpler process management and the breaking down of silos, both in terms of data and people. Alongside these internal benefits comes the ability for finance professionals to provide a more streamlined customer experience.
Individuals within a business may have identified the need for greater automation, but are struggling to win support for its integration into financial departments. The evolving role of the CFO has an important part to play in driving this innovation, easing challenges for finance professionals and building a successful business case for new technology.
Automation as a general concept has long been in existence, with ambitious organisations and individuals searching for clever ways of transforming time-consuming manual processes. While ideal in terms of efficiency, what if automation could go a step further and replic ate the human thought-process?
Intelligent Automation (IA) takes financial process automation to the next level. For the half of finance professionals not clear on how IA can assist in their organisation, it’s important to analyse its core features and explore why it’s indispensable in future-proofing business operations.
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