Don't Get Burned: 7 Best Practices in Business Credit Management
Is your new customer a good credit risk or a bad one?
Title: Don't Get Burned: 7 Best Practices in Business Credit Management
Date: Thursday, August 28, 2014
Time: 10 AM PT/1 PM ET
Extending customer credit is just another one of the many risks businesses take, but there is an important difference between good credit risks and bad ones. Deciphering between the two is not easy, which is why many companies give credit where it isn’t due and end up buried in bad-debt and outstanding A/R.
Join us for a one hour webinar and learn simple tactics to help you weed out the good risks from the bad, weigh the associated rewards and risks of extending credit, make more confident credit choices, accelerate customer payments, and more.Topics to be discussed include:
- Best practices in credit scoring.
- Designing an effective credit application.
- How to evaluate the risk of extending credit.
- Understanding your customer’s payment habits.
- How your credit policy impacts invoice collection.
- And more
All registrants will receive a complimentary business credit application template and our Credit Professional’s “Guide to Developing a World Class Business Credit Policy & Collections Action Plan.”