Thea Dudley has been a credit manager for more than 30 years. She previously served as the vice president of customer financial relations at SRS Distribution. Contact her at: [email protected] or 864-201-5465.
Yes! It'll make a giant difference when you try to collect.
There's no common practice, our credit guru says. Whatever system you adopt, make sure the bills get paid.
And beware the triple-whammy of reasons.
First rule: Decide what's the REAL due date.
Sales reps are an integral part of your business, but when they don't understand credit, it makes your job harder