credit management is one of the most important policy for 
the organisation. which can be helpful for fund management 
as well as reduction of cost of capital of the company. By 
generally internal capital.

Credit Management is an essential component of Financial 
Management. The reason is Delayed payment of credit will 
damage the goodwill of the organization among creditors. In 
the extreme end, improper credit management may affect the 
liquidity of the organization and may result in closure of 
its businesses. Therefore, proper credit management should 
be ensured by the finance team and management.

- Ma10kumar, Chennai