Credit Management
What is the impact of improved credit management?
OBJECTIVES
Set the path for optimum processes and procedures maximizing revenue and cash flow
Review existing policy to drive improvements against latest standards
Propel process efficiencies to reduce financial exposure, minimize bad debt losses, and maximize sales and profits
Optimizing Efficiences
Building common standards for credit management processes enables Carriers to mitigate losses while optimizing profitability. This workstream is focused on helping Members to formulate guidelines based on latest standard credit management policies and ensure efficiency in managing accounts receivable.
