The Credit Department, Inc. - Receivables Management

Best Practices Receivables Management

Are you experiencing:

Increasing DSO's
Rising bad debt expense/surprise losses
Chaos in the Credit Department
High turnover
Pressure to reduce overhead
Lack of innovation in managing credit
Increasing personnel costs
Inconsistent results

TCD provides commercial companies with a 'gap analysis' assessment to evaluate effectiveness (results) and efficiencies (costs) in their Credit Departments to best manage their specific accounts receivable asset.

We evaluate your existing resources:

Technology (ERP, Credit Scorecards, Collection Software)
Talent (internal and external)
Defined processes

You receive a detailed, engineered, comprehensive process map to determine how best to realign and restructure your resources to create a 'best practices' Credit Department that achieves consistent, superior results in managing your trade credit:

Reduce overhead costs
Maximize cash flow
Minimize bad debt and interest expense related to the receivable

In these challenging economic times, we help relieve the pressure of managing the receivable risk with our customized solutions and proven methodologies. We help companies ensure the right staff, technology and processes are in place to minimize overhead costs and maximize results.

Let us help you evaluate your receivables "best practices."

800.451.0164 651.451.0164