Credit management is a process for monitoring, maintaining and controlling the credit line of a customer. It also includes analyzing informal credit information and presenting them in to the formal credit reports. Credit management is used by people, small business owners and even large corporations to establish their credibility, or credit worthiness, in the market.
In today’s competitive retail market, it is essential that companies manage their credit accounts effectively to ensure a strong cash flow and maximum return on investment. It is often an area of business that can be overlooked or neglected
Our Training Course
By taking control of its credit management, a firm can increase its profits by up to 15%. This course aims to provide practical, accessible advice on how to make effective use of this type of training in your business or career.
This training course on credit management will cover the following:
- What is credit management?
- Why it is important for a business to implement effective credit management strategies?
- What are the benefits of effective credit management?
- What are the steps involved in implementing credit policies?
- What are the differences between a good and bad credit management strategy?
