Credit Management: Understanding the Stages, Challenges, and Best Practices
What are the stages of credit management? Effective credit management is a comprehensive process consisting of: Determining the customer’s credit rating in advance. Frequently scanning and monitoring customers for credit risks. Maintaining customer relations. Detecting late payments in advance. Detecting complaints in due time. Improving the DSO. Read more on www.graydon.co.uk Financial management must include … Read more