Welcome to Credit Management Group UK’s November newsletter!
Please find below expert news and advice regarding Credit Management best practice, as well as useful links to industry leaders and experts for up to date reporting and legislation changes.
Industry News and Advice
Effective Credit Management in Legal Practices
For credit management in legal practices we do not refer to the ‘order to cash process’ as we would with many other industries; instead we used the ‘engagement to payment process’.
Tips to Keep in Mind When Extending Credit to Customers
Unless your product or service is entirely unique in the marketplace, like the majority of businesses , you will need to extend credit to your customers in order to remain competitive.
