Credit Control
From Open Risk Manual
Revision as of 17:04, 7 February 2020 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Credit Control''' is the system and procedures used by a business to manage its sales ledger, make certain that it extends credit only to customers who are...")
Definition
Credit Control is the system and procedures used by a business to manage its sales ledger, make certain that it extends credit only to customers who are able to pay, and that customers pay on time.
Credit control is a key process in managing Credit Risk
