Jterl

Investigating new accounts prior to setting up accounts with terms for our AR Credit and Collections team. We also, pull reports on US and International accounts as we need to increase their credit limit as they growth in Sales volume. Names of owners and addresses are helpful when acquisitions or mergers in completed, along with financial statements shared to ensure we are at the appropriate credit limit for the size of their company.

We have been able to track mergers or acquisitions and downturns in our key customer accounts. The data is so helpful when sales are down and every dollar received is critical. It also helps us to allow our current customers increase their limits as we see their financials released we can extend additional credit to our best paying customers.

Some of the details have not be used as we have not had very many new customers this year, but managing our current customers is essential in this year.