The importance of a credit policy

RIABU - Tips and tools for getting paid on time by your customers
25/11/2019 12 min Temporada 1 Episodio 101
The importance of a credit policy

Listen "The importance of a credit policy"

Descargar episodio Ver en sitio original

Episode Synopsis

In order to get paid on time, we need to be able to establish the credit policy early, at the start of the agreement.

But some suppliers might think it will interfere with their process of selling their service if they were to reveal their credit policy at the start.

What can we do to ensure that all terms and conditions are clear to the parties involved at the beginning?

In this podcast, RIABU's Simon Littlewood and Mark Laudi discuss the importance of drafting a credit policy when you start a relationship with a customer.

More episodes of the podcast RIABU - Tips and tools for getting paid on time by your customers

Why understanding your customer’s internal payment process is vital 24/08/2022
Negotiate your contract price at acceptable profit margins 16/08/2022
Customer intimacy is about nurturing relationships at all levels 10/08/2022
How UK SMEs can deal with rapidly rising input costs 05/07/2022
Borrowing money can’t solve SMEs’ cashflow problems anymore, but operational efficiencies can 04/07/2022
If you want customers to follow payment terms, internal stakeholders need to sing from the same hymn sheet 24/05/2022
How clear communication can get you paid on time 25/04/2022
Payment of invoices on time benefits all stakeholders 25/03/2022
The important link between environmental sustainability and cash flow 17/03/2022
Outlook for SMEs in China, UK, and eastern Europe 24/01/2022
© 2003-2025 ZARZA | AHEAD OF OUR TIME
privacy policy
In God we trust In God we trust
PreSales Questions? Click Here
or call our toll-free line at +1-888-5002068 Miami, Florida, USA