What is Credit Control? What are the qualitative methods of credit control?
Points to Remember: Credit control is a crucial aspect of managing receivables and minimizing bad debts. Qualitative methods focus on assessing the creditworthiness of customers using non-numerical factors. Effective credit control requires a balance between granting credit to stimulate sales and minimizing risk. Introduction: Credit control refers to the policies and procedures a business employs … Read more What is Credit Control? What are the qualitative methods of credit control?