Credit Process Review

A Credit Process Review is a thorough analysis of your credit management process. During a number of weeks, we screen your operational, administrative, financial and sales processes. As a result, your strengths and weaknesses become crystal clear. We present all of our findings in a detailed report, including an in-depth SWOT analysis, conclusions and practical recommendations.
Our analysis and concrete plan of approach constitute an excellent starting point to improve your credit management processes and make your business more competitive and profitable. This yields greater advantages for both the long and short term.
 

The most important components

• Order-to-cash process
• Market position and competition
• Customer acceptance
• Credit management policy
• Cash application
• Accounts receivable portfolio
• Commercial collection
• Legal collection
   
  

The benefits of a Credit Process Review

• Structurally lower Days Sales Outstanding (DSO)
• Better cash flow
• Lower provisions for bad debts
• Fewer write-offs
• Better results on investments
• Lower financial costs
• A positive effect on the profit and loss balance sheet
• Fewer FTEs needed for accounts receivable management
• Better MI reporting for higher management
• Higher customer satisfaction
• A professional complaints procedure
   
  

 Would you :

• Like to know more about Credit Process Review ? Get in contact with us.