02-04-2017, 07:11 PM
U need debtors management project report
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mba project report on debtor management
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U need debtors management project report
12-04-2017, 01:20 PM
Debtor management means the process of decisions related to investing in business debtors. In selling credit, it is true that we have to pay the cost of getting money from the debtors and take some risk of loss due to bad debts. To minimize the loss due to not receiving money from the debtors is the main objective of the management of debtors.
A debtor management procedure is simply a documented procedure that establishes when to follow up or reminder letters, emails or phone calls in connection with an account and which templates of letters or emails should be used. The development of follow-up templates or reminder letters or emails that culminate in a Final Notice is any effective debtor management procedure. A good debtor management procedure should be simple to understand and followed strictly by the staff.
A debtor management procedure is simply a documented procedure that establishes when to follow up or reminder letters, emails or phone calls in connection with an account and which templates of letters or emails should be used. The development of follow-up templates or reminder letters or emails that culminate in a Final Notice is any effective debtor management procedure. A good debtor management procedure should be simple to understand and followed strictly by the staff.
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