Maintaining a clean book with Credit Alerts
For the retail company dealing with a lot of different clients, it may become necessary to take steps to protect your well-being and monitor the sales you make with other people. You don’t want to be in a position where you wind up not getting paid or you get into a dispute about a transaction with a client. That’s why Wholesale Management software offers an intuitive Credit Alerts component that provides a fail-safe way of dealing with credit-related concerns and clients’ orders.
The Credit Alerts system is seamlessly integrated with your accounting software. It immediately notifies you through its credit approval features when delinquent accounts or those with poor credit standing come up in the system. This will help you react before the products ship and help you keep your accounts receivable in good standing. It’s hard to know at first, especially with new clients, what you’re getting into – let our intuitive system keep you protected from potential “bad apples” and keep your books flawless.
Another one of the Credit Alert system’s features is its ability to set limits for individual clients. If you’re concerned about the credit rating or the transaction habits of a specific customer, then you can choose to have their business with you be limited to a standard that you feel most comfortable with. In addition, the system will allow you to keep notes on the clients right there in the database. If you’d like to make a note of reasons or updates concerning credit issues, then you can do so. If a client is most reliable at a certain time of year, you can write that down.
It’s always a good idea to have some safety procedures amid your business plan. Credit Alerts will protect you from potential harm to your accounts receivable and keep you updated on all of your important transactions.
