Improving Credit Policy Improves Accounts Receivable
Receivables Control
MAY 30, 2018
I assist troubled companies that have poor credit policies and are trying to improve their accounts receivable. In 30 years of doing so, I frequently encounter stressed out credit managers. The credit manager is taking heat for the companies’ cash flow troubles. All to often, the credit manager was trying to shine a light on larger issues that negatively affect accounts receivable performance.
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