A credit control system is a set of procedures and policies implemented by businesses to manage and monitor their credit risk exposure. It involves assessing customer creditworthiness, setting credit limits, and enforcing payment terms to minimize bad debts and maintain healthy cash flow. Additionally, it may include tools such as credit checks, credit insurance, and debt collection strategies to mitigate financial losses and ensure timely payment from customers.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Add AI to Your Order-to-Cash Process

AR Automation for JD EDwards

AR Automation for SAP

AR Automation for Oracle

AR Automation for NetSuite

AR Automation for PeopleSoft
