Credit control
In Arabic مراقبة الائتمان
The policies and daily work that decide which customers get credit, how much and on what terms, and how unpaid invoices are followed up.
In plain words
A distributor selling on terms is lending money to every customer it ships to. Credit control keeps that lending within what the business can carry, and turns invoices into cash before they turn into bad debts.
It sets each customer’s limit and terms, checks new orders against what is already owed, holds orders over the limit for approval, and works the aging, calling customers as invoices fall past due.
The common mistake is checking credit only when an account is opened. Customers’ circumstances change, and a limit nobody reviews is soon too high for some and too low for others.
- Credit limit
- SAR 40,000
- Invoiced, not yet paid
- SAR 33,500
- New order
- SAR 5,000
- After this order, within the limit
- SAR 38,500
In Axon Suite
How Axon Suite handles it
Axon Suite checks every order against the customer’s credit limit when it is saved, in the office and in the rep app. Over the limit, it is held for someone with approval rights or refused, as your settings say.
Feature
Credit limits on every order
Every order is checked against the customer’s limit the moment it is saved, in the office and in the rep’s app. Over the limit, it is held for someone with approval rights or refused, as your settings say.
Open: Credit limits on every order