In accounts payable and receivable, a simple mistake can be costly and cause a trial of corrections and add to your workload. Control of the management of the accounts receivable function of a business, is recognized as a key element for business success. It improves cash flow, establishes sound relations with debtors, and minimizes the risk of irrecoverable sales.
Professional credit managers must be able to manage the full spectrum of assessment, administration and collections in any environment. They must also possess an in-depth knowledge of all laws which impact on credit services directly and to the transitions taking place in society and the changing needs and demands of the market.
Credit Policies Management
The Billing Process
You Made the Sale, It's time to Collect your Money
The Relationship Between Sales and Credit
Accounts Receivable Process Analysis