Credit Management Outsourcing
High levels of risk and bad debt don’t need to be a given for your company, regardless of your industry or
current credit management. You can expect significant cash flow improvements, along with time and cost saving, when you work with The Credit Department Inc.
We can also
tell you with the utmost certainty whether a customer or prospect will be viable in 20 days or two years, from our studies
of hundreds of companies over the years and formulating our own scorecards. We know the trends, where to get the information
and what that means for you. This kind of information and expertise is almost impossible for mid-market companies to duplicate
in-house. We will not only tell you if a customer or prospect is a good credit risk, but unlike other companies, we’ll make a recommendation as to how much credit you should extend.
The Credit Department is the Nation's first and only true credit management outsourcing firm; we are simply the best at managing trade receivables
worldwide. No other company has the scope of services we provide and no one gets the results we do. We provide manufacturers,
distributors and service organizations with credit management outsourcing, collection outsourcing, account receivables workflow system and other specialized services including deduction management.
We help companies improve the speed and accuracy
in making credit decisions. We help mitigate risk and improve cash flow through all aspects of the credit management function.
We believe effective credit management – a cooperative partnership between Sales, Marketing
& Finance – can be the powerful difference to enhancing the organizations bottom-line.
TCD's Credit Management Outsourcing & Consulting can help in the areas of:
- Validating credit screening & scoring processes
- Identifying
risks to the portfolio through effective credit analysis
- Providing credit servicing
- order releases, credit line determination, risk assessments, portfolio monitoring
- Overseeing internal credit controls, risks, and troubled situations
- Forming
and facilitating strategic internal credit committees
To
find out the effectiveness of your receivables management please CONTACT US.