Friday May 29, 2020

Effective credit management is an effective line of defence against crisis

The pandemic has put the spotlight on credit management, but a reassuring number of businesses have been prepared to some degree

2nd May, 2020
2
Good credit management is essential during a crisis. Picture: Getty

Good credit management is essential for every successful business, but during the current global crisis, it is even more crucial.

Sean Mac Mahon, director of the Credit Management Institute of Ireland, says the pandemic has put the spotlight on credit management, and while many businesses are only now remembering or realising how important it is, a reassuring number have been somewhat prepared.

“Effective credit management ensures an improved cashflow and a higher available liquidity, which...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team