Credit management is the process of granting credit, setting the terms it's granted on, recovering this credit when it's due, and ensuring compliance with company credit policy, among other credit related functions The goal within a bank or company in controlling credit is to improve revenues and profit by facilitating sales and reducing financial risks. A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk, terms of payment and enforcement actions with their customers

1. Benefits of Credit Management

2. Content
 Introduction of Credit Management
 Faster and More Complete Debt Recovery
 Better Cash Flow Management
 Save on Costs
 Staff Suited to Demands of Collection
 Protection of Brand Image
 Contact

3. Introduction of Credit Management
 Credit management is the process of granting credit, setting the terms it's
granted on, recovering this credit when it's due, and ensuring compliance with
company credit policy, among other credit related functions
 The goal within a bank or company in controlling credit is to improve revenues
and profit by facilitating sales and reducing financial risks.
 A credit manager is a person employed by an organization to manage the credit
department and make decisions concerning credit limits, acceptable levels of risk,
terms of payment and enforcement actions with their customers

4. Faster and More Complete Debt Recovery
 Advance Credit Management are specialists in accounts receivable management
with substantial industry experience using proven and effective techniques and
systems.
 Switching an account to Care Cart often prompts quicker payment as this emits
the signal that the account is being treated more seriously.
 The key to recovering delinquent accounts is to refer them to ACM earlier. For
companies, extra costs are incurred over time including interest, banking,
overhead, restrictions on growth, and recovery costs.

5. Better Cash Flow Management
 Advance Credit Management will increase cash flow through increasing recovery
rates, reducing the average days outstanding and lowering collections costs.
 Receivables are managed before they become problems.
 Care Cart provides a Cash Flow Management System, Credit Management
Advice, and Credit Policy Advice.

6. Save on Costs
 Advance Credit Management reduces administration and staff costs as we
assume tasks in a specialist capacity that have previously been completed in-
house.
 Additionally, Care Cart helps companies with limited resources during annual
leave and seasonal or promotional peaks in business activities.
 We free time so that in house staff can focus on their main job tasks.

7. Staff Suited to Demands of Collection
 Companies have found that it takes a certain and rare type of individual to
perform debt collection tasks well over time.
 Often companies do not have these people. Employees not suited to collections
activities find it stressful. Thirty minutes of collections work for these people can
impair productivity for the rest of the day.
 Care Cart maintain well trained collections specialists suited to producing results
with the emotional requirements of the job factored in.

8. Protection of Brand Image
 Advance Credit Management Cash Flow Management System avoids
uncomfortable situations with customers by shifting emphasis from chasing bad
debt to early management of accounts.
 Customers who make regular payments are less likely to seek similar
products/services elsewhere.
 Customers approached in a professional manner in accordance with legal and
privacy guidelines are less likely to use the collections experience as a reason not
to buy from our client.

9. Contact Details
 Website : http://www.care-cart.com/
 Address : "A" Wing, 1102- 1103 , Kanakia Wall Street,
Chakala, Andheri-Kurla Road, Hanuman Nagar,
Andheri East, Mumbai- 400 093
 Phone : 022 68374400
 Email Id : cart@care-cart.com