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