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Prioritising the mental health and well-being of credit

The reality is that mental health is often ignored or left unaddressed. This can have a significant impact on an individual’s ability to function both at work and in their personal life. It is … See more

Actived: 7 days ago

URL: https://www.chaserhq.com/blog/prioritising-the-mental-health-and-well-being-of-credit-controllers-and-debt-collectors

The psychology of paying: Understanding customer payment …

WebIn conclusion, the psychology of paying is a multifaceted exploration of historical shifts, current trends, and the intricate web of human behaviors. From the …

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What is it, how does it work, and how do you measure it

WebCash flow is one of the most vital contributors to the survival of any business. In fact, 82% of companies cited a failure to obtain consistent cash flow as the primary …

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How to effectively negotiate payment terms with your customers

WebHere are solutions and preventive measures you can implement to address the challenges in accounts receivable negotiations: Establish clear, open lines of …

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Overcoming challenges in credit control: Strategies for common …

WebThe pain points in traditional credit control. One of the most significant challenges in credit control is the reliance on traditional manual methods. This includes …

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Cash flow Definition, importance and examples Chaser

WebCash Flow Per Share (CFPS) – cash from operating activities divided by the total number of outstanding shares. P/CF Ratio – the price of a stock divided by CFPS. …

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The Ultimate Guide to Accounts Receivable (AR): Definition

WebThe ultimate guide to accounts receivables and credit control is a comprehensive resource that provides an in-depth look at the management of a company's outstanding debts and …

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Credit control for beginners: Mastering the basics

WebBy mastering the basics of credit control, beginners can pave the way for sustained financial health and long-term success in the competitive landscape of …

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Free cash flow formula Definition and calculation Chaser

WebIn this example, the company's free cash flow would be calculated as follows: Free cash flow = operating cash flow – capital expenditures. = (net income + …

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What is a profit and loss statement

WebThis is where your P&L statement comes in! A profit and loss statement (also called an income statement or earnings statement) is a document used to track a …

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Accounts receivable Debit or credit

WebAccounts receivable represents the money owed to your business by customers and represents a critical part of your billing and collection processes. Debits …

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What is positive cash flow

WebPositive cash flow is the lifeblood of any successful business. It represents the amount of cash a company generates from its normal business operations, which is …

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10 accounts receivables KPIs you should be tracking Chaser

WebThe formula for calculating your write-off ratio is: So, for example, if you had a bad debt expense of $100 and an accounts receivable balance of $1000, your write-off …

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Understanding aged receivables: A comprehensive guide Chaser

WebUnderstanding aged receivables. Aged receivables are outstanding client invoices for supplied goods and services. They are unpaid debts for goods and services …

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How to improve your credit control process

WebHow to improve your credit control process. One of the best ways to manage credit risk is through credit control. This process involves monitoring credit limit status …

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Why accurate bank reconciliation is crucial in your credit control

WebFurthermore, accurate reconciliation is also crucial in the credit control process to maintain financial integrity and enable effective financial decision-making. …

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Days Sales Outstanding (DSO) Definition, calculation

WebDays Sales Outstanding = ( Accounts Receivable / Net Credit Sales) x Number of days. For example, let's say that a company has $100,000 in accounts …

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4 effective invoice payment reminder email templates Blog

WebEmail is an incredibly effective tool for credit control. Here at Chaser, we’ve seen that approximately 90% of outstanding invoices can be successfully collected …

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What is a cash flow statement

WebA cash flow statement (CFS) is a financial statement that shows the inflow and outflow of cash in a company over a specified period. It provides valuable …

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