{"id":69126,"date":"2016-10-04T11:26:05","date_gmt":"2016-10-04T09:26:05","guid":{"rendered":"https:\/\/tcm.be\/glossarium\/credit-management\/"},"modified":"2026-01-14T23:49:31","modified_gmt":"2026-01-14T22:49:31","slug":"credit-management","status":"publish","type":"glossarium","link":"https:\/\/tcm.be\/en\/glossarium-en\/credit-management\/","title":{"rendered":"Credit Management"},"content":{"rendered":"\n<p>The term <a href=\"https:\/\/tcm.be\/en\/guide-to-credit-management\/\">Credit Management<\/a> embraces all activities and tasks aiming at getting invoices paid.\u00a0 This includes prevention (implementing features designed to avoid bad payment \u2013 like solvency checks, credit limits, etc. \u2013 but also features intended to provide the creditor with tools to be used when a debt is unpaid \u2013 like general sales conditions, order forms, etc.).<br><br>Credit management also includes debt collection itself whether it is performed in house or outsourced. Credit management has become essential to the global management of a company insofar 50% of bankruptcies are actually due to poor credit management.<\/p>\n\n\n\n<p>Updated 04\/10\/2016<\/p>\n\n\n\n<p>Definitions provided under this section refer to the Belgian situation; unless specified otherwise. The texts are meant to summarize concepts in daily language and should not be considered as comprehensive or definite. We welcome suggestions for modifications or additions at\u00a0<a href=\"mailto:glossary@tcm.be\">glossary@tcm.be<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-69126","glossarium","type-glossarium","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium\/69126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium"}],"about":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/types\/glossarium"}],"wp:attachment":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/media?parent=69126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}