B2b Credit Management

B2B credit management is the process of assessing and managing the credit risk of business customers, with the goal of minimizing the risk of payment defaults and bad debt. It involves a range of activities, such as credit checks, credit scoring, setting credit limits, monitoring payment behavior, and collection efforts when necessary. Effective B2B credit management helps businesses to maintain a healthy cash flow, reduce financial risk, and build strong relationships with their customers. It requires a strategic and analytical approach, as well as a deep understanding of the creditworthiness of different businesses and industries.

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