Credit & Financing Monitor

Management

• Maintain a department organizational structure sufficient to meet all goals and objectives
• Properly motivate the credit and collections staff
• Measure department performance with appropriate metrics
• Provide for ongoing training of the credit staff
• Manage relations with collection agencies
• Manage relations with credit reporting agencies
• Manage relations with credit insurance providers
• Manage relations with the sales department

Credit Operations

• Maintain the corporate credit policy
• Recommend changes in the credit policy to senior management
• Create a credit scoring model
• Manage customer credit files
• Monitor the credit granting and updating process
• Accept or reject the staff's credit recommendations
• Personally investigate the largest customer credit applications
• Personally visit the largest customers to establish relations
• Monitor periodic credit reviews
• Monitor deductions being taken by customers
• Manage the application of late fees
• Manage the corporate financing program