Credit control is the debt management function within companies.

Credit controllers can do some or all of the following:

Send out invoices – most companies now have this as an automated function however the credit controller is often still responsible for ensuring the whole process. They though send out copy invoice on a requested basis, this is often one of the tactic used by companies not to pay their invoices on time – by calling or waiting to be called and saying at that point they have not received any invoices, it is a common practice in UK businesses. Credit controllers are often the first point of contact when something goes wrong and consequently they deal with the credit notes, also getting legitimate credits done quickly helps to get the rest of the invoice paid as companies will refuse sometimes to an invoice if there is an out standing credit due. [Read more...]