Many retail companies today are using a process which allows them to offer products to customers with the option to buy now and pay later (6-12 months). But how are they managing this process? Answer is: a credit management system.
Tagged: Cash Management
Research shows the cheque/check will be non-existent in the next decade although the US is holding on quite strongly. EFT is becoming the method of payment most countries are currently using, particularly the UK.