Credit & Collection

Credit & collection management is the process of granting credit, setting the terms on which it is granted, recovering this credit when it is due, and ensuring compliance with company credit policy, among other credit related functions. The goal within a bank or company in controlling credit is to improve revenues and profit by facilitating sales and reducing financial risks.

Services we render:

• Review of credit and collection processes and the related credit & collection policies
• Cash collection and dispute handling of Trade Receivables, including payment plans and legal pursuits
• Establish and management credit limits and ratings
• Obtain securities (letters of credit, bank guarantees, parent company guarantees etc.)
• Provide calculations for adequate bad debt provisions