by Controllers Council | Oct 25, 2023 | Credit, Sponsor News
Trade credit, or an agreement that your customer can purchase goods or services from you and pay at a later date, is a normal process in B2B transactions. It’s an effective tool to encourage sales and stimulate business growth. Yet, any time you invoice clients at a...
by Controllers Council | Oct 10, 2023 | Credit, Sponsor News
A large unpaid invoice can jeopardize the growth of your business or even lead your company to insolvency. A customer credit check on your existing and potential customer is your first line of defense to ensure they will pay your invoices in due time. How to assess...
by Controllers Council | Sep 29, 2023 | Credit, Sponsor News
Protecting your company from late payments and customer defaults is essential. To do so, you should ensure you have an effective credit management policy in place. But what is credit management, and what are its benefits? In this article, we take you through credit...
by Controllers Council | Jun 6, 2022 | Credit, Risk Management, Sponsor News
Any time you provide a product or service to a client and later invoice them for payment, you undertake a risk that you won’t be paid. Effective credit risk management is imperative to the success of your business. What is Meant by Credit Risk? When you invoice...
by Controllers Council | Nov 22, 2021 | Assurance, Credit, Risk Management
Both internal and external personnel can be involved in the processes associated with risk assurance, so financial controllers often play a key role in helping their companies assess, navigate, and minimize risk. Risk assurance solutions can help a business identify...
