Wikipages

It is important for every company to optimise the size of its working capital. A good cash flow and liquidity can be realised by improving the credit control strategy. In this wiki page you can read how to do it.

A debtor manager is someone who performs activities related to debtor management. Essentially, a debtor manager is concerned with the payment of invoices by debtors and monitoring whether they comply with their payment obligations. Which activities does a debtor manager carry out? And what are competencies of a debtor manager? We will explain it on this wiki page.

On this wiki page we will inform about the concept of credit management. What is the difference between debtor management and credit management? And why is it smart to outsource your credit management?

There are various rules regarding payment terms. As a company, it is important to know which rules apply to which situation. In this wiki we will give you a solid basis for optimal accounts receivable management.

On this wiki page we will inform about the concept of factoring. What is traditional factoring? What are the advantages and disadvantages? And what is the difference with modern factoring?

On this wiki page we tell you about interest rates, when it's appropriate to charge interest on overdue invoices and how interest is calculated.

On this wiki page we will give you tips and tricks to help you reduce your Days Sales Outstanding.

In this wiki we have taken a look at the world-famous book How to win friends and influence people by Dale Carnegie and how its advice can be leveraged by finance teams to achieve amazing results with their credit management.

On this wiki page we will inform about how to write an invoice letter in order to get paid faster and maintain your cash flow. Get tips on how to do it!

On this wiki page we will give you tips on how to write an overdue invoice letter. When do you send a late payment reminder letter? What communication means works best? And how to write one?