Measure the performance of your credit management. How do you measure the performance of credit management within your organisation? There are different ways which each have their benefits and drawbacks. Two popular methods are gap analysis and benchmarking. Read on to find out more about gap analysis and check Link to article benchmarking for actionable pointers on benchmarking and more inspiration to improve your credit management.
As of March 1st 2016, Bert van der Zwan has joined the management team of OnGuard. On July 1st Van der Zwan will take over the CEO position from Dave Taylor. Van der Zwan has over twenty years of experience in IT and Finance gained in leadership positions at WebEx, 3Com, Twinfield, Rally and Unit4.
This webinar shows you what the future hold for credit managers: Disappearing jobs | Opportunities instead of threats | Shifting roles | The credit manager of the future
How can you achieve maximum results with your credit management project? (Or actually any other project that you might be working on?) Make sure you convince major stakeholders of the benefits they have to gain!
Since the chief financial officer (CFO) looks after the business’s overall economic performance, the actions and performance of the credit management team should be high on his or her list of priorities. Therefore, it’s essential for the CFO and credit management teams to work closely together. Establishing good communication is vital. The credit management team…
New credit management software offers many exciting possibilities. Convincing stakeholders to adapt to the new situation is vital to unlock the true value of your software. So make sure you choose the right approach to promote changes to your internal audiences.
Focus on your customer Streamline data management A single repository for client information reduces duplication and ensures that the most recent data is communicated throughout the business in real time. Increase transparency The right software enables relevant functions to view the information they need and it provides a high level of insight that can be…
Credit management offers many hidden opportunities. The good news is that credit management does not have to be rocket science. Do you want to achieve faster payment of your invoices and strengthen your customer relationships? The right software will help you to enhance efficiency and gain maximum insight needed to achieve your goals.