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Reviewing Credit and Collections Policies Checklist

APQC's Open Standards Benchmarking found that the organizations studied have an average of $14.6 million in uncollectable debt annually. Can you think of a better use of funds in your organization?

Type: Best Practices and Business Drivers  Topics: Accounts Receivable, Finance and Accounting, Credit and Collections  Processes: 8.0 Manage Financial Resources, 8.2.1 Process customer credit, 8.2 Perform revenue accounting, 8.2.1.1 Establish credit policies, 8.2.1.2 Analyze/approve new account applications, 8.2.1.3 Review existing accounts 
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