Credit Management Manual

Author: (USA) Bond
Publisher:
Publish Date: 2004-12-01
Features: Credit management has a history of over 100 years abroad and has long formed a systematic, mature, and effective personal, corporate, and social management system, accumulating rich practical experience. Due to China's past operation under a planned economy system, credit has been missing in the awareness of individuals and enterprises for a long time, leading to increasingly prominent chaos in corporate operating risks and the socio-economic order. The crisis of integrity is severely restricting the sustainable development of China's socio-economy. A market economy is a credit economy. As China's market economy system gradually takes shape, credit sales are becoming an increasingly important trade method in economic activities. Therefore, it is essential to establish an effective credit management system for individuals, enterprises, and society to enhance the integrity concept and credit risk prevention awareness of all operators, create an atmosphere where "trustworthy individuals benefit and develop, while untrustworthy individuals face higher costs," and thus maintain sound credit rules and normal economic order. The introduction and publication of this credit management series will provide mature theories and practical operation guides for China to establish a scientific and systematic credit management system.
Features of the Book:
■ Covers all details and skills of accounts receivable and credit management
■ Includes approximately 100 charts, examples, reports, and other practical templates
■ The desk reference for all corporate operators and credit and financial managers
Since its publication, this book has been a bestseller for over a decade and is currently the most practical handbook introduced in China that covers all details of credit operations and credit management. It aims to provide effective guidance in credit and accounts receivable management for corporate managers and credit management professionals, helping them successfully solve various credit management issues. The book systematically elaborates on the objectives of corporate credit management policies, explains how to draft credit management policies, and comprehensively discusses general and specific credit issues companies may encounter along with their solutions. It offers comprehensive guidance methods for corporate management and credit management professionals, including situations where problems arise and the correct solutions. The book provides detailed examples (including various tables, letter formats, writing letters under specific circumstances, and credit management policy examples, etc.). Additionally, it proposes solutions to accounts receivable for short-term and long-term plans, as well as measures to reduce the impact of inflation and deflation, and credit risk strategies for medium-to-long-term economic recessions. The book addresses credit management issues in multiple fields, including how to establish credit management departments or functions within enterprises and society, the management of various corporate credit accounts, effective methods to resolve credit account issues, and related problems that may affect corporate credit functions.
This book is primarily aimed at faculty and students majoring in finance and financial management at business schools across the country. It is also suitable for managers and staff in credit departments of various commercial banks, as well as for corporate managers, credit, and financial management personnel for training and self-study. Additionally, it can serve as a must-read reference for self-learners interested in credit and financial management.