Value based credit controls
The Credit Management Software Today credit control has become one of the biggest issues with distributors. Keeping a tight control on credit can only ensure long term business success. Our amount/value based controls, lets you set credit limits to each customer, and if the outstanding of the customer, which includes their orders in process as well, exceeds the credit limit then all new orders come in for approvals with the authorized admin users.
Pre-paid customers and checks
A comprehensive pre paid customer management is available in the Credit Management Software. Pre Paid customer orders are processed only upon receiving of payments from them. It is the easiest way to manage customers whose credit worthiness has not yet been established. Prepaid customer management helps you conduct business with confidence with new parties.
Credit period based controls
Each customer can be given a credit period and this period can be based on product category as well if required. Hence limits can be set for fabric orders and catalogue orders separately. Once the credit period is exceeded the orders from the customer will get held back for approvals.
Never miss orders in process for Credit Checks
A big issue with roll orders, is that they might take a long time for fulfillment and since there are multiple orders, credit checks are sometimes lax. However the credit checks in our Credit Management Software sync with the orders under processing. Hence even if a customer has a lot of orders under processing, the value of such orders is considered for credit limit checks.