Companies are investment vehicles with required financial rates of return. This makes profitability the metric that matters the most, and its support the primary task of every individual and department.Goals of this book are: To help credit management realize that support of Profitable Growth is its primary Mission.To facilitate "outside the box" financial solutions and enhance the credit department's role in a company's overall business success.To help credit management maximize and internally market the department's value proposition.The contents have been organized to show a company how it can more effectively identify its credit department's Profit Mission, creatively develop supporting processes and procedures, build organizational structure and support, and efficiently leverage its resources to help maximize company brand and financial value.
Companies are investment vehicles with required financial rates of return. This makes profitability the metric that matters the most, and its support the primary task of every individual and department.Goals of this book are: To help credit management realize that support of Profitable Growth is its primary Mission.To facilitate "outside the box" financial solutions and enhance the credit department's role in a company's overall business success.To help credit management maximize and internally market the department's value proposition.The contents have been organized to show a company how it can more effectively identify its credit department's Profit Mission, creatively develop supporting processes and procedures, build organizational structure and support, and efficiently leverage its resources to help maximize company brand and financial value.
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