B2B Credit Management refers to the process of assessing and managing the creditworthiness of business-to-business (B2B) customers, granting credit terms, and collecting payments. Effective B2B Credit Management involves analyzing customer financials, credit history, and payment behavior to mitigate the risk of non-payment and improve cash flow. B2B Debt Collection Agency also includes setting credit policies, establishing credit limits, and monitoring customer credit utilization. By implementing strong B2B Credit Management practices, businesses can reduce the risk of bad debt, improve their cash flow, and build stronger relationships with their customers.
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