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With a 100% probability of recession in the next 12 months, it is more important than ever for credit managers to review their existing credit policy.
Your company may face financial difficulties if you lend too much money to delinquent customers. Reviewing your credit policy becomes a top priority in this economic downturn.
Here is a beginner's toolkit to guide you on what things to add to your credit policy to meet your business's credit standards in this recession.
Key Takeaways:
2 must-have essentials in your business credit policy
Importance of having an integrated credit policy
10 essential steps to building a B2B credit policy
11 ways of creating an effective credit policy
BONUS: Get exclusive access to industry expert blogs and downloadable assets on credit policy fundamentals!
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