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What Triggers Your Collection Efforts?

Your Virtual Credit Manager

This is done by getting updated credit reports, updating credit references, sharing information with a credit industry group, and monitoring various information sources both internal and external. When you become aware of suits, liens, judgments, slowing payments or deteriorating credit scores it is time to take action.

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Twenty Action Priorities for Credit & Collections Managers

Trade Credit & Liquidity Management

Improve Credit Onboarding Automation and Controls: Provide a customizable credit application portal for new accounts that requires the documentation and an appropriate customer credit application to be completed fully and accurately prior to submission to the credit department. Consider a third-party service.