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The Role of Credit Management in Ensuring Business Longevity

Enterprise Recovery

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations.

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The Role of a Credit Manager in Your Business

Enterprise Recovery

Credit managers can help your business by ensuring the smooth functioning of credit operations. They are responsible for assessing the creditworthiness of potential clients and managing credit limits to prevent late payments and minimize financial risks.

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AI in credit management: Useful but limited? 

On Guard

This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim professionals. What are the main areas for improvement with AI in credit management? AI in credit management: Hype or reality?

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Strategic Credit Management: The way to positive cash flow

On Guard

Relatively little has changed over the past 25 years in the credit management profession. Initiated in October 2024, Onguard University is a series of events that gives the stage to a different credit management expert every time. A turnover increase creates pressure on the Credit Management department.

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Navigating the looming Credit Manager shortage: now is the time for smart credit management software

On Guard

As we step into 2024, the landscape of credit management is undergoing a significant transformation. The looming issue of a Credit Manager shortage is not just a fleeting concern but a stark reality that businesses must address. This shift is crucial in an era where the Credit Manager shortage is increasingly palpable.

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10 Essentials of Credit Management

On Guard

10 Essentials of Credit Management. Credit management has become an increasingly important aspect of many organisations over the past years. And rightly so, because a lot can be achieved with a well-structured credit management process in place. ” FLOOR STAM – VP Marketing.

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Getting to Know Matt Jubenville of Midland Credit Management

Account Recovery

TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024.