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Automation and AI Are Transforming Trade Credit and Collections

Trade Credit & Liquidity Management

(Photo by Dan Dimmock on Unsplash ) Ultimately, these tools enable enterprises offering trade credit to streamline collections and improve cash flow. Real-time insights into credit risk and payment behaviors are turning AR into a strategic function that enhances efficiency, quality, and growth.

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Your Customers Are Susceptible to Cyberattacks. What Are You Doing About It?

Trade Credit & Liquidity Management

The fact that cyberattacks can kill SMBs should be a major credit risk consideration and concern. “Small businesses are not immune to cyberattacks and data breaches, and are often targeted specifically because they often fail to prioritize security,” observed Paul Lipman, CEO of BullGuard.

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Accelerate Cash Flow: 6 Tactics to Improve AR Performance

Trade Credit & Liquidity Management

Prioritize and plan : Focus collection efforts on high-risk or high-balance accounts first. Use predefined workflows based on days past due, customer risk, and balance size. Shifting marginal accounts to credit card or prepaid terms to offload credit risk while preserving the relationship.

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The Role of a CFO in Financial Risk Management

CFO Share

Some common market risks include: Interest rate risk Foreign exchange risk Raw materials cost risk (copper, steel, etc.) Credit Risks Credit risk arises when customers or partners fail to meet their financial obligations. Risk Assessment and Identification.

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Equifax Launches Consumer Finance Dataset

PYMNTS

Equifax , the credit scoring company still reeling from a massive data breach last year, announced news on Monday (Feb. In a press release , the company said the dataset provides information for researchers and modelers, including “credit risk scores, geography, debt balances and delinquency status at the loan level.”

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Artificial Intelligence Takes On Risk Of Invoice Non-Payments

PYMNTS

It’s the risk of non-payment that led Euler Hermes to develop an SME-specific trade credit solution — the first of its kind, the company said — which rolled out last year. APIs today have become a key way for FinTech companies to collaborate and share rich, high-quality data; for SMEs, that means less risk for financiers, too.

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Effective Risk Management Strategies for Businesses

CFO Talks

This can be done using a risk matrix, which plots the severity of the impact against the likelihood of occurrence. The goal is to prioritize risks that have the highest potential impact on the organization. Risk Mitigation After assessing the risks, develop strategies to mitigate them.