The world is continuously changing and if an organisation wants to keep up, continuous innovation is crucial. Onguard conducted a survey of over 300 finance professionals. The “2018 FinTech Barometer” enquired about the latest trends and developments in finance and the impact on one of the most important processes for organisations’ continuous cash flow: the Order to Cash process.
Daily measurements from your credit management environment, showing the financial health of your receivables portfolio and how your team is performing against their targets, are essential in order to stay on track with your ambitious plans.
Don’t just settle for what seems to “do the job”. Think about how a solution can add genuine value to your credit management, your organisation and your customers. Why settle for anything less?
Successful credit management is fundamentally about increasing the predictability and thereby reducing the risk associated with your cash inflow.
Input from stakeholders from other parts of the business will help you do your job better. After all, you all have the same goal. But how can you join forces with stakeholders?
Credit management is not rocket science but a powerful business function that can save your business time and money. Download our free 10 essentials for credit management and quickly learn the basics.
This guide tells you everything you need to know about credit management software – what it does, how it works and how businesses can get maximum value from it.