Learn the ins and outs of creating a streamlined and documented credit policy.
Most companies dont have a documented credit policy and those that do have one havent updated them in years or fail to utilize it in their business resulting in confusion, lack of standards, and increasing accounts receivable issues including higher days sales outstanding, increased bad debt writeoffs, and frustration among credit professionals and customers alike. This information will help you quickly create a basic credit policy to address these key issues (and others) to shorten the invoice to cash cycle streamlining all aspects of the accounts receivable, credit, and collections process.
Date: 2017-12-21 at 1:00 PM ET – 2:30 PM ET
* You will be able to define basic components of a credit policy.
* You will be able to describe the process of creating a credit policy.
* You will be able to discuss the need for a credit policy.
* You will be able to recognize the benefits of creating a corporate credit policy.
Credits: CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.