Credit Control Tips

Why you have to provide credit to your customers?

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Email_Receiving Query

September 22, 2017

Dear Partner,

Hope you are doing well.

The request has been sent to the concerned person to check the details, we will look into the query raised below and would revert on priority.

Regards,

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Sample Credit Control Process Follow

September 28, 2017

Day 1: Issue invoice and send to customers Day 15: Call customers to check for receipt of invoice Day 31: Call customers and ask for payment Day 45: Send demanding payment letter Day 50: Call customers to chase for debt Day 60: Send 2nd demanding payment letter Day 90: Pass issue to legal department to chase for debt

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What is account receivable managment?

October 12, 2017

Account Receivables Management refers to the set of policies, procedures, and practices employed by a company with respect to managing sales offered on credit. It encompasses the evaluation of client credit worthiness and risk, establishing sales terms and credit policies, and designing an appropriate receivables collection process.