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The digital revolution: Finech technologies to optimise your credit management process

On Guard

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

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How to Prevent Bad Debts in 2023. Tips from a Debt Collector

Debt Recoveries

Take advantage of this shift in consumer behaviour when ever possible, but refrain from extending credit. . Put the appropriate procedures in place before extending credit. Before they provide credit, have a look at what institutions with expertise, like banks do. Do you employ a credit management system?

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How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

Customer Insolvency: When a customer goes bust, retrieving owed funds becomes complex. Educate Your Team: Ensure your team is well-versed in effective credit management and negotiation skills. Online payments, direct bank transfers, and mobile payment options can accelerate the payment process.