Credit management: from credit limit to paid invoice

The four jobs of a credit manager

Credit management isn't an administrative function — it's a risk function. A good credit controller manages four levers at once.

• Customer acceptance: is this company genuine, active and creditworthy? Checks on registration number, VAT number, domain and payment history.
• Credit limits: how much outstanding risk do you accept per customer, and when do you adjust that limit?
• Payment terms: payment period, deposit, direct debit mandate or upfront payment for higher-risk customers.
• Collections: structured follow-up on whatever still gets paid late.

Credit scoring without expensive data sources

Traditional credit scoring relies on paid credit reports, which are costly and often outdated for smaller businesses. Credimigo also builds its own behavioural signal: how fast this debtor actually pays in practice, how often they respond, and which promises they keep.

That behaviour often says more about the risk of the next invoice than an eighteen-month-old set of annual accounts.

Credit control as a process, not a task

Credit control fails for the same reason almost every time: it's someone's side job. As soon as things get busy, follow-up slips — exactly when your cash flow needs it most.

By capturing the process in workflows (who gets contacted when, in which language, in what tone, and when to escalate), credit control stops depending on whoever has spare time that week.

Frequently asked questions

Keep reading

• Credit risk management
• Accounts receivable management
• AI in credit management