Credit control means mcg

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Preeti Dabral 4 years, 4 months ago
Credit Control: Credit control is a strategy employed by manufacturers and retailers to promote good credit among the creditworthy and deny it to delinquent borrowers. This will both increase sales and decrease bad debts, thus improving a company's cash flow.
Credit control is an important component in the overall profitability of many firms.
Credit control is the system used by a business to make sure that it gives credit only to customers who are able to pay, and that customers pay on time.
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