• BUSINESS CREDIT SCORING BEST PRACTICES
    • 1

    BUSINESS CREDIT SCORING BEST PRACTICES

    Credit scoring is a method of evaluating credit worthiness of your customers by using a formula or set of rules. Most companies do not get this sophisticated though, they just purchase a credit report from a firm like Experian or Dun and Bradstreet and use that information to make credit decisions. Why? Because credit scoring

  • 6 B2B INVOICING REQUIREMENTS FOR FASTER COLLECTIONS
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    6 B2B INVOICING REQUIREMENTS FOR FASTER COLLECTIONS

    If your company struggles with timely B2B invoice collection, it may be because your customers are choosing to pay other vendors before you. You are not your customer’s only vendor and your invoice is not the only one they need to pay; but someone has to get paid first- why shouldn’t it be you? Think

  • UNITED STATES SLOW TO ADOPT FASTER PAYMENT METHODS
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    UNITED STATES SLOW TO ADOPT FASTER PAYMENT METHODS

    Compared to other parts of the world, specifically Europe, it seems that the United States has fallen behind in efforts to speed up the payment process. The European Union has enacted the Single Euro Payments Area, or SEPA, which has helped to speed up payments by allowing simpler bank transfers when using Euros. In the
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