Credit management processes that pay off .: ED5-18/2015E-PDF
“As many Canadian companies have learned, the ability to offer credit and favourable payment terms to your foreign customers can offer your company several advantages as well. Offering credit may help tip sales decisions in your favour, encourage repeat purchases, and help you establish and build long-term relationships and loyalty from customers. At the same time, however, defaulted payments from your customer can seriously hurt your bottom line and curtail company growth. Even late or sporadic payments can in turn disrupt your ability to cover day-to-day operating costs or meet your financial obligations – which could potentially harm your credit capacity. While it’s impossible to say with certainty which customers will never default on a payment, there are ways that you can mitigate the risks through strong credit management. This white paper is intended to equip you with some key information and tools that can be used to establish or strengthen credit management practices for your business.”
Permanent link to this Catalogue record:
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| Department/Agency | Export Development Canada. |
|---|---|
| Title | Credit management processes that pay off . |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "White paper." Issued also in French under title: Pour une gestion du crédit efficace. |
| Publishing information | [Ottawa] : Export Development Canada, c2015. |
| Description | 6 p. |
| Catalogue number |
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| Subject terms | Credit Management |
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