Business Credit Management Information

All about business credit management

Ideas to help anyone involved in Business Credit and Collection Risk Management.

• Credit Risk Management
• Credit Management Job Skills
• Job Description For A Collector
• Reducing Turnover
• Art of Delegation and Directives: Steps in the Process of Delegating A/R
• Encouraging Loyalty In Employees
• Advantages of Sharing Information About Credit Limits with Customers
• Five Tips to Help Your Department Reach Its Goals
• 20 Measuring Credit Department Performance Standards
• Great Time Management Tips
• Leadership in the Credit Department: Leaders vs. Managers
• A Cash Incentive Program for Collectors
• The 3 Phases of Credit Risk Management
• Bookkeepers, Accountant and CPAs: Why they are different and what is required.
• Why it's important to have a third-party monitor your industry credit group
• Tips on Training New Collectors
• The Responsibilities of a Credit Professional
• Consignment Risks: A Creditor's Perspective
• New Year's Resolutions For the Credit Function
• Time Management Tips for Credit Professionals
• Some Truths about Credit Management and Debt Collection
• Professionals Need The Right Amounts of Tenacity, Training and Temperament
• How to Find Qualified Workers
• Using the Exit Interview as a Learning Tool
• Recognizing the Costs of a 'Bad Hire'
• How To Terminate a Subordinate
• Some Questions You Can Ask During an Interview
• Should Companies Pay Off Employees That Give Their Two Weeks Notice?
• It Is Getting More Difficult to Screen Applicants
• Take the Holistic Approach to Improve Collection Performance
• Appropriate Goals for the Credit Department
• The Next New Development in Credit Management
• DSO is affected by a large number of factors
• Comments About Credit Management
• Handling Employees with a Bad Attitude or Bad Temper
• Hiring The Best Candidates
• Records Retention Rules
• Credit Department Performance: Please Try Not to Confuse Activity with Progress
• The Care and Feeding of Sales People
• Retention Strategies
• Handling Poor Performers
• Lockbox Studies
• Measuring the Performance of the Collection Staff
• Five Myths About Credit Management
• How to Evaluate and Select Your Collection Agency or Agencies
• Learning From Mistakes
• Establishing an Appropriate Bad Debt Reserve
• Five Popular Ideas it Would be Best to Ignore
• Seeing Both Sides: Credit and Sales
• Some Thoughts About the Proper Role of the Credit Department
• Ten Ways to Run The Credit Department More Efficiently
• Advantages of Being Active in One or More Industry Credit Groups
• Problem Solving in the Credit Function
• Sound Credit Decisions and Systematic Re-evaluation
• Improving DSO
• Reducing Credit Department Errors
• Negotiating Contingent Collection Rates with Commercial Collection Agencies
• Where Have All The Hours Gone?
• Streamlining Order Processing
• Cash Forecasting in the Credit Department
• Bad Debt Losses
• More About Monthly Statements
• A Note Of Caution About Monthly Statements
• The Credit Department's Role in Customer Retention
• Solving Invoicing Problems
• Handling Post Audit Claims
• How to Calculate Bad Debt Reserves
• Tips on Getting the Most from your Co-workers and your Staff
• Controlling Disputes Between Credit and Sales
• Handling a Chronically Tardy Employee
• Credit Department of the Future
• 9 Ways to Run Your Credit Department More Efficiently and Effectively
• Top Five Credit Management Tips to Ignore
• 10 More Myths about Credit Management
• Keeping your Best Employees - A Different Approach
• Outsourcing the Credit Function
• The Benefits of Employee Training and Development
• Keeping the Best Employees
• Requesting Financial Statements
• Dashboard Reporting