Who’s in Charge of what? Defining Responsibilities in Credit & Collections Management

One of the most important things you can do right now is to clearly define credit and collection responsibilities and roles within your Credit & Collections Management team. credit and collections managementThis applies to companies with dozens of credit and collections professionals to small companies with only a few financial employees.  Why is it important to define roles and responsibilities? Below are just a few reasons to consider when splitting up Credit & Collections Management responsibilities: Continue reading

What is credit collections management?

what is credit collections managementWhat Is credit collections management?

Credit Collections Management (CCM) is a suite of integrated business applications that extend a company’s accounts receivable and accounting system to facilitate credit management, billing and invoicing, remittance processing, dispute management, and collections processes. Continue reading