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Credit Policy for Medical Devices Company

Download this sample template to apprise med-tech companies about credit and collections policies including payment terms and conditions.

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About this course

description
lessonOverview

This is an excellent credit policy developed for a medical devices company and it contains many unique ideas

Industry: Medical, including specialists, clinics, hospitals

Length: 4 pages

Unique elements: good use of color, direct links to the company's credit app and final demand letter, a footer that includes a version # for the document, and a date it was valid, and a confidentiality statement.

Included:

  • Purpose
  • Scope
  • Policy, including:
      organization of the credit department
    • credit terms
    • extended terms policy
    • new account setup details
    • credit line approval authority
    • third party collection agency procedures
    • deductions
    • debtor-in-possession policies
instructor
name title image description Ins
Credit Today www.credittoday.net      
related
image tag title description link contentType
KPIs and Reporting Credit Policy - Distributor Credit policy and procedure manual gives a detailed perspective on integrated credit, order release, collections and customer trade lines. academy.highako.com/credit-policy-medical-devices-company  
Deductions Resolution
Understanding Credit Limit & Scoring in Microsoft Dynamics D365		 This online credit manager's course that highlights how you could improve your credit team’s productivity through smart goals and stress management. https://academy.highako.com/credit-department-stress-management  

 

About this course

description
lessonOverview

This is an excellent credit policy developed for a medical devices company and it contains many unique ideas

Industry: Medical, including specialists, clinics, hospitals

Length: 4 pages

Unique elements: good use of color, direct links to the company's credit app and final demand letter, a footer that includes a version # for the document, and a date it was valid, and a confidentiality statement.

Included:

  • Purpose
  • Scope
  • Policy, including:
      organization of the credit department
    • credit terms
    • extended terms policy
    • new account setup details
    • credit line approval authority
    • third party collection agency procedures
    • deductions
    • debtor-in-possession policies
instructor
name title image description Ins
Credit Today www.credittoday.net      
related
image tag title description link contentType
KPIs and Reporting Credit Policy - Distributor Credit policy and procedure manual gives a detailed perspective on integrated credit, order release, collections and customer trade lines. academy.highako.com/credit-policy-medical-devices-company  
Deductions Resolution
Understanding Credit Limit & Scoring in Microsoft Dynamics D365		 This online credit manager's course that highlights how you could improve your credit team’s productivity through smart goals and stress management. https://academy.highako.com/credit-department-stress-management