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Compass
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March 3, 2025
Credit Fundamentals
Good trade credit decisions start with great data.
Good trade credit decisions start with great strategy and data. It seems simple, but there are two common pitfalls:
- Too little data on small and private businesses, making confident decisions tough.
- Too much data on a large organization, leading to getting lost in the noise.
And everything in between!
In this module, we'll break down credit to its most fundamental level:
- What credit risk is and how it originated
- The benefits of credit for both suppliers and buyers
- The overall credit lifecycle from order to cash
- The key players involved and their roles in the process
Plus, we’ll pepper in best practices from industry experts to show how others are navigating the space today.
At its core, credit is about assessing and managing risk to help you make informed lending decisions, ensuring financial stability, and building trust with your customers.
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