Credit Control
· One min read
Credit Control is a challenging and time-consuming affair which, if managed incorrectly, can lead to cash flow problems and even business failure. Keeping track of customer payment history, to indicate potential problems, is an important task but often; labour intensive, complex and error prone.
Sheetloom gets customer data directly into Excel from the company finance system, showing the latest payment status. Because point in time history is saved, changes in customer payment behaviour can be surfaced automatically. With real time analysis against historical trends available, staff time is freed to focus on credit management.