How to Structure a Credit Department

A typical Credit Department structure begins with one person creating processes while utilizing available technology until the need arises to add team members to assist in managing the receivables. The challenge for Credit Managers is in knowing which processes, technologies, and team members will give them the right combination to best manage the receivables while minimizing costs.

In this session you will learn:

• How the type of trade receivables portfolio drives structure of the department

• The role of process improvement in Credit Department structures

• Automation necessities in Credit Management

• Matching skill sets to your portfolio