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What Value Does Credit Contribute To Your Company?

The Credit Department does more than just crunch numbers and make collection calls. Today's Credit Department is a valuable part of the company; helping management, operations and the marketing and sales team.  In particular, the Credit Department should be providing value by:

  1. Allowing management to operate with confidence.
  2. Making the wisest possible investment in accounts receivable.
  3. Safeguarding one of the largest assets of the company - A/R.
  4. Converting A/R to cash on a timely basis.
  5. Maintaining delinquency & bad debts at appropriate levels.
  6. Helping to increase sales by reducing risk and selling safely.
  7. Working with the marketing and sales to promote sales efforts.
  8. Helping to develop excellent customer relationships.
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