Insight into Credit Management
Improve the predictability of your credit management
“We should have seen that coming…” Chances are you’ve uttered this phrase before due to unexpected events impacting your credit management activities. More often than not, the phrase should have been “We could have seen that coming”. If you’ve got your credit management up to a strategic level, it might even become “We CAN see that coming!”.
Successful credit management is fundamentally about increasing predictability and insight and thereby reducing the risk associated with your cash inflow. By making smart use of data supported by Onguard’s technology, you can look into your own crystal ball. This will allow you to make more informed business decisions and reduce the risk for the future.
This whitepaper will give you an overview of the variety of sources that are available and possible approaches that you can choose to help you construct your own crystal ball of credit management.