Why does a business decide to outsource its credit management?
The business may be faced with a short-term or structural credit management problem. For example, the company may have a temporary problem, such as short-term payment delays, a shortage of staff or a lack of credit management knowledge – in which case it could appeal on the credit managers of CRiON. These experienced credit managers will assess the credit risks, approach debtors in an effective way, ensure continuity to the monitoring of debtors and screen debt collection processes critically in order to provide additional recommendations.
When making fundamental organisational changes, external guidance and assistance can be essential. Ideally, introducing far-reaching measures (reorganisation) and implementation projects should ideally be supervised by the project managers at CRiON. They will take care of streamlining the change processes, minimising opposition and implementing more efficient and effective workflows.