What is a Controller? A controller is the head of an accounting department in the company and is in charge of all those within the accounting department, such as accounts payable clerks, accounts receivable clerks or payroll. Although these areas may be split into different departments among accounting, the controller is responsible for overseeing financial
What is a Credit Manager? A credit manager plays a vital role in a business’ accounting and accounts receivable department. If a business works on credit terms with other businesses, the credit manager is the deciding factor on whether those potential clients become customers. They are responsible for implementing and overseeing a credit policy, deciding
INTRODUCTION Managing your accounts receivable is overwhelming for many businesses, but it can be very easy if you have the right tools to help you and your staff. This article outlines some of the basics that you’ll need to craft an accounts receivable credit and collections strategy to meet your specific business needs. This document
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