Credit control is another name for ‘getting the money you’re owed’. Not many businesses have a formal credit control process when they start out.
They just send invoices and hope for the best. However, only about half of invoices are paid on time, so that’s not a sustainable policy. If you’re sending 25 or more invoices a month, it’s probably time to develop a credit control process.
Credit control is another name for ‘getting the money you’re owed’. Not many businesses have a formal credit control process when they start out.
They just send invoices and hope for the best. However, only about half of invoices are paid on time, so that’s not a sustainable policy. If you’re sending 25 or more invoices a month, it’s probably time to develop a credit control process.