Credit management control involves overseeing and regulating a company’s credit policies and procedures to ensure effective management of receivables and minimize credit risk. It encompasses monitoring credit limits, assessing customer creditworthiness, and implementing strategies for timely payment collection. Through diligent control measures, businesses can optimize cash flow, mitigate bad debt losses, and maintain healthy financial stability.
Reimagine Your Order-To-Cash with AI
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.