importance of credit control

Credit Control | Credit Policy | Credit Control Policy

Credit Control | Credit Policy | Credit Control Policy
Credit Control | Credit Policy | Credit Control Policy Credit Control which is also referred to as Credit Policy; is a business strategy adopted by companies to encourage the sale of goods or services by providing better payment terms and extending credit to customers. Simultaneously, companies set up well defined guidelines for the terms and conditions of extending credit, and course of action in terms of late payments, to safeguard their own interests.What are the advantages of extending credit? What are the important points to focus on while extending credit? To whom should companies e...
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