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    • Join Date: Jul 2005
    • Posts: 928
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    #1

    credit collection

    Hi,

    I am translating a "job description" and one of the tasks is:
    Additional tasks related to specific customer needs and organizational effectiveness (such as credit collection, preparation of analyses, project management etc.)

    What does "credit collection" mean here? Is it about collecting money? Like payments of invoices? Does it makes sense in the context of customer needs and organizational effectiveness?

    Thank you very much!

    Hanka


    • Join Date: Oct 2006
    • Posts: 19,448
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    #2

    Re: credit collection

    It is the organizing of accounts receivable to ensure that moneys due to the company are received within the credit period allowed.

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