ABSTRACT
The level of complexity tends to increase as a business grows, which requires credit executives to place heavier reliance on systems solutions to efficiently and effectively manage the various aspects of credit and collections. Credit executives in companies with a small number of customers, with limited geographical spread, and small to moderate numbers of transactions per customer do not have to dedicate a lot of time in deciding how to manage the various processes involved in credit management and the subsequent reporting requirements. Larger companies not only need more complex systems to support their business, but also typically have the financial wherewithal to purchase and maintain complex integrated systems solutions.
