New tutorial and new tool with the credit management policy template available on Credit Management tools.This document is key to reach good performances in accounts receivable management as it defines internal credit rules of the company and organize the communication and responsibilities between credit team and sales management.
It also includes a chart of authority which allows to deviate from the rules based on an approval matrix.
This procedure has to be very close to the operations done every day by the company's employees. It avoids internal misunderstanding and help to be stronger in commercial negotiations.
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