In today's uncertain economy, it's important to understand how to present the credit department's value to senior stakeholders. They are invested in measuring the credit team's contribution to driving revenue growth, cash flow, and liquidity.
But truth be told, this economic downturn has disrupted normal business practices. Many industries are being subjected to slowing payments and potential bad debts.
So, as a credit manager, how could you highlight your credit department's value vs costs to the senior executives?
Watch this tutorial to understand how to highlight the credit department's value and contributions. Decode current perceptions and conventional myths that you could break for your senior executives. Get expert insights from industry veteran Robert Shultz on creating a dashboard for senior management. Learn how to highlight the credit department's contribution in maximizing the A/R turnover and driving growth.
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