“Buy now, pay later” is increasingly a facet of New Zealand life, and there is pressure on businesses to grant more credit to get more sales.
So Now You Want to Get Paid! clearly outlines the important aspects of credit management and debt recovery. This book will give you guidance and practical techniques, helping you save money and minimise risk while providing you with industry-recognised practices to recover what you are owed.
Endorsed by the New Zealand Credit & Finance Institute, the second edition of this popular book is an indispensable guide for businesses, their financial and legal advisers, and anyone else involved with credit management.
Expanded and updated this book covers the following topics:
- the credit function and how to reduce your exposure to bad debts
- the credit policy and the credit application process
- credit reports, including positive credit
- types of customer and trading entities
- the Privacy Act 1993 and the updated Credit Reporting Privacy Code
- assessing and minimising risk
- effective collection processes
- collecting accounts and how to increase your chance of recovery
- plus numerous tips and hints on credit management in New Zealand.
