by Pi Credit Management | May 6, 2026 | Credit Management
When a supplier places a customer “on stop”, they suspend all future deliveries of goods or services until the customer resolves their outstanding payment issues. This is usually the result of missed or overdue invoice payments. It is a very common credit...
by Pi Credit Management | Apr 29, 2026 | Credit Management
Payment Terms are the conditions agreed upon between a seller and a buyer about how and when payment will be made. These terms are more than just formalities; they form the foundation of a smooth and reliable business transaction. Types of Payment Terms Payment Terms...
by Pi Credit Management | Apr 22, 2026 | Credit Management
In simple terms, a remittance is the act of sending money from one person or entity to another. It can involve two individuals, two companies or a combination of both. Remittances are a common part of transactions across the world. They may be sent within the same...
by Pi Credit Management | Apr 15, 2026 | Credit Management
Cash flow is the movement of money into and out of your business over a specific period. This could be a month, a quarter or a year. When more money comes into your business than goes out, this is a Positive Flow. This means your business has enough money to pay its...
by Pi Credit Management | Apr 8, 2026 | Credit Management
Credit control is a process businesses use to: Collect payments Set credit policies Evaluate financial risk Ensure that customers adhere to their payment agreement When done right, credit control helps businesses avoid losses and increase profitability, while growing...
