Extra Credit
Extra Credit
Latest Episodes
Working with sales to build a stronger credit department
Salespeople tend to focus on generating as many sales as possible for the company, while the credit team works to protect the company from risk. Despite the differences in the two responsibilities, there is a lot that can be gained through incr...
Financial statement analysis beyond the first glance
Financial statement analysis is not just about good or bad ratios; it’s about discerning the underlying causes and implications for a company’s financial stability. Delving deeper into financial statements can reveal hidden risks, even when ini...
Beat the Sunday scaries: Strategies for workplace wellness
Workplace wellness drives performance and keeps teams motivated. When it’s missing, even the most capable associates can start to withdraw, burn out or lose satisfaction in their roles. To prevent that from happening, we’re sharing practical st...
DSO isn't the whole story: The metrics credit managers use for benchmarking
For decades, Days Sales Outstanding (DSO) has been the default answer to a simple question: how well is a company collecting what it’s owed? It’s easy to calculate, explain and compare across periods, which is exactly why it became the metric m...
Building relationships to weather the storms
Credit managers like to know what’s coming next. Mitigating risk means following industry trends and economic cycles to see where the future might take your business, but what about the unpredictable?As hundreds of wildfires rage through...