6 Reasons Your Business Cannot Afford to Keep Managing and Monitoring Customer Credit the Same Old Way

• Does your business evaluate the credit of all new customers?
• Does your business flag all orders that do not have a completed credit application?
• Are your business’s credit terms appropriate and adhered to by your sales department?
• Does your business have procedures in place for continuously monitoring customer credit?
• Does your business actively manage the amount of credit it is willing to extend to customers?

If you answered “no” to any of these questions, then your business may be blind to cash flow disruptions, high collections costs and other issues as a result of the credit it extends to customers.

“Risk comes from not knowing what you’re doing,” Warren Buffet once remarked.

This is especially true in credit management. 

Lousy credit management is a substantial risk that businesses can no longer afford to ignore.

IOFM’s latest white paper reveals why automating credit decisions should be a top priority.

If your business wants to improve the way it manages customer credit, this paper is for you.

This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.