Credit Management Archives

Selecting for a reliable and professional debt management company is a challenging task. As a Quality Assurance Partner (QAP) of the Sector Education and Training Authority for Finance, Accounting, Management Consulting and other Financial Services (FASSED, the ICB is an external assessment (examining) body for many of the business qualifications that FASSET awards.

To realize profitability by any organization that sells on credit, good credit management must be in place; otherwise the company may suffer or even go under-receivership as a result of bad debts Be proactive in managing your debtor’s book if you want to reap the benefits of increased sales, resulting from extending credit.

According to the U.S. Bureau of Labor Statistics (BLS), employment growth for financial managers was predicted to increase by nine percent from 2012 to 2022, which is as fast as the average for all occupations (). At a rate of five percent, growth is expected to be slower in the depository credit intermediation industry, which includes commercial banking institutions.

Recognizing the limitations of traditional generic trade reports, credit professionals are discovering that membership in industry credit groups fills the gaps, helping them develop more complete credit histories on both new and returning customers.Credit ManagementCredit ManagementCredit Management

The Specialist in Housing Credit Management® (SHCM®) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program.