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SOURCE: Commercial Credit Management Associates
SMEs Can Now Benefit From The Same Large Savings That Large Companies Have Enjoyed With A Fully Trained And Staffed Credit Department At A Fraction Of The Expense Contracting With CCMA.
Poplar Grove Illinois (PRWEB) January 05, 2013
For companies with revenues from 5 Million to 75 Million, incurring the expense of maintaining a full time credit manager and credit management staff can, and often does, limit the companies profits by as much as 4% of gross revenues. For larger companies, perhaps this is acceptable based, of course, on their revenue stream. But for the smaller companies, that make up the bulk of American business, this percentage can and often does make the difference between being profitable or not.
Nationwide statistics bear out that the finance and account department's average budget generally runs between 5% to 7% with the credit department's budget to be also 5% to 7%. For a small or medium sized company with revenues of 75 Million, the credit department's hit is 4% or about $100K per year.
As worldwide competition tightens up and businesses concentrate on reducing expenses, options for the small business owner becomes limited to hedge against the next economic downturn while still staying competitive.
CCMA now offers an affordable fully customized outsourcing programs of credit management services for the small and medium sized business owner that only the large companies have previously enjoyed only now on a level customized to meet only that small and medium sized business owner's needs. Through our nationwide network of world class B2B credit management service associates as well as our huge network of network affiliates, CCMA now offers business service fees that meet those reduced services providing huge cost savings. An experience CCMA associate will sit down with the business owner and examine their credit management processes and provide only the services that fits the customers current needs.
Contact Us for further details or Call US at 815-765-1589.
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