The proactive management of credit and collection functions is critical to every company's continued profitability. Having a fantastic product or service is no longer enough to ensure the success of your business. You must also master the dynamic of logical credit extension and the subsequent management of your post-sale accounts receivable.
If your pre-extension credit policies are too conservative you may lose market share and future profit. If they are too liberal or poorly defined you open yourself up to the profit erosion that stems from bad debt losses.
CRG is dedicated to providing its clients with information and strategies that maximize sales and profitability while protecting against bad debt losses. With over 40 years of experience in credit management, credit policy consulting, and executive-level management of commercial collection operations, the management team of Creditors Resource Group is uniquely qualified to provide your company with intelligent, proactive advice to maximize your cash flow while protecting you from devastating credit losses. Our services include:
- Review of credit application and credit extension protocols
- Review your credit limit policy
- Analysis of collection staff utilization and maximization
- Create a customized event timeline to drive in-house collection
- Review of internal call strategies
- Review of internal letter campaign
- Creation of blended-media collection strategy
If you are interested in receiving a free, no obligation quote for this service kindly fill out the below survey and someone from our consulting staff will contact you within 48 hours.
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