Description
“Credit Management” is a comprehensive resource that explores the essential principles and practices involved in managing credit effectively within business and financial contexts. The book covers a wide range of topics, including credit risk assessment, the development of credit policies, and the administration of sales ledgers. It provides practical guidance on evaluating creditworthiness, setting credit terms, managing collections, and using credit insurance as a risk mitigation tool. Additionally, the book delves into the automation of credit functions and discusses emerging trends and challenges in the field. Through real-world examples and expert insights, “Credit Management” equips readers with the knowledge and skills necessary to maintain financial stability, minimize credit risk, and enhance organizational profitability.
