Change might not be something that most people like, but it’s something that must be embraced. What can you do to make change easier on yourself, as well as the rest of the team?
If you’re a CFO feeling like you have to do ‘everything’, you’re not alone. Delegation generally seems like a good way to cut your own workload but 52% of CFOs said they can’t focus on strategic priorities because there is a lack of necessary skills in the finance team. This means that for many CFOs, delegation is not an option.
Choosing or even starting to think about credit management software involves a lot of if’s and but’s. You want to make sure that business case is received well?
How are you making sure that your credit management function is always performing at its best? Key performance indicators (KPI) can help you gauge your performance. Check out these 3 steps to make sure you choose the right KPI’s
Today’s working environments are busy places and it’s not unusual to feel like you have too much to do and not enough time. This is certainly true in credit management departments, and you’re certainly not alone if you’re stretched for time. The problem with an ever-increasing workload is that it can be extremely de-motivating and stressful.
The idea of a paperless office has been floating around for more than 30 years. Ever since computers started becoming standard office equipment, there have been murmurs of how we’d no longer be needing paper in the near future.
The UK government has proposed a new model for dealing with businesses in financial crisis. The proposed framework is similar to the Chapter 11 procedures in the US – but the move has not been met with universal agreement in Britain.
Chasing up late payments is probably one of the most difficult tasks for a credit management team – and it can be a problem whether you’re working for a big multinational organisation or an SME. Sometimes, just getting hold of a late-paying customer can seem impossible and even if you do manage to talk to someone, getting them to actually hand over the money can also be tricky.