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Credit Granting Policies To Improve Cash Flow

Mastermind Solutions Inc.
Publication date:
November 30, 2022
Article Summary: 

In this blog post, the author discusses the importance of credit-granting policies in improving cash flow. The article outlines four key steps for creating an effective credit policy, including defining credit terms, setting credit limits, monitoring customer creditworthiness, and establishing a collections process. The article also emphasizes the importance of communication and collaboration between the sales and finance departments when implementing a credit policy.


credit-granting policies, cash flow, credit terms, credit limits, customer creditworthiness, collections process, sales, and finance.

Source Citation: 
Mastermind Solutions Inc.
Credit Granting Policies To Improve Cash Flow
November 30, 2022
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