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Credit management's changing relationships.
Credit departments are becoming more integrated with the rest of corporate and business structures. The days of credit managers operating in relative isolation from other operational personnel are over for many businesses. Credit departments often work hand-in-hand with sales and other departments to effect a seamless transition from sales order to cash.
The changing and more complex nature of the relationships between credit personnel and their coworkers and customers requires new skill sets and technology. Advances in computer software and Internet technology are allowing credit managers to monitor and work within this more complex relationship network. Real ...
- A Side Effect of the Mergers and Acquisitions and the Consolidation of Credit...
- Magazine article from: Business Credit Blakeley, Scott February 1, 2001 700+ words
...target company's credit department as the companies...consolidation of credit departments and the adoption...or decentralized credit department, usually depending...competitor. Your credit department is centralized...
- Credit department management: uncovering hidden value.(Community Banking)
- Magazine article from: The RMA Journal Petrie, James C. April 1, 2006 700+ words
...underlying value of their credit departments. It explores how a bank's credit department can work in partnership...key clients is the credit department's ability to thoroughly...the analysis. The credit department can reduce the opportunity...
- Maximizing automation in your credit department.
- Magazine article from: Business Credit Messmer, Max July 1, 1995 700+ words
...familiar in your credit department? If you said...alone. In many credit departments across the country...capabilities of credit department staff. The upshot...equipment of many credit departments - and thousands...
- Growth after downsizing.(Two Credit Departments Deal With Change.)(Sysco Food...
- Magazine article from: Business Credit Wedgeworth, Danny June 1, 1999 700+ words
Two Credit Departments Deal With Change...case histories of credit departments that, faced with...companies. However, all credit departments have similar goals...distributor whose Houston credit department went through a downsizing...
- Credit departments measure up against upper management.
- Magazine article from: Business Credit Diana, Tom November 1, 2006 700+ words
...impact do performance metrics in the credit department have on the overall operation and...to that depends upon how well the credit department is integrated with the upper financial...performance metrics and analyses of the credit department, and include credit professionals...
- Effectively managing the internal pressures of hiring. (staff additions to...
- Magazine article from: Business Credit Messmer, Max May 1, 1995 700+ words
Adding new staff members to your credit department is a major challenge. As difficult...evaluation of a clothing company's credit department might show that it's more productive...revealed that the heavy demands facing a credit department were primarily seasonal - another...
- Growth in a new direction.(Two Credit Departments Deal With Change.)(D and H...
- Magazine article from: Business Credit Chudoin, Joseph June 1, 1999 700+ words
...nationwide. The first thing I did was to centralize the credit department in Harrisburg. At the same time, I knew that for us to...needed to be more like the sales operation and less like a credit department. What I meant was if we had a division in the home entertainment...
- Riding the tide of the '90s. (reengineering credit departments)
- Magazine article from: Business Credit Callahan, Terry February 1, 1996 700+ words
...has them - tasks done because that's the way they've always done it. So what does all this have to do with running a credit department? And, by the way, what's in it for me? Business-process redesign does not have to involve the whole enterprise...