Don’t let the cash crunch occur as an accident!

• Decide with logic, how credit worthy is a party.
• Always keep sharp eyes on cash flow by real time monitoring of committed.
• V/S actual realisation.
• Company wise vouchers in Ledger Summary of Group Company.
• Push SMS & emails for credit limit update to the parties

Benefits -

• Provides multiple data points on a single screen for detailed analysis of ‘Credit Behaviour’ of a party.
• Useful in scenarios of frequent transactions with numerous parties or high credit risk markets.
• No burden of remembering current balances, outstanding or turnover of parties during dealing & billing.
• Summarized report for Party’s balances, recent transactions, interest details, bill details, payment performance.
• Party’s Performance Report helpful in judging limits. -
• Helps to manage credit process in comprehensive manner.
• Alerts/stops invoicing on exhaustion of either the credit limit or credit period.
• Compares party’s previous year’s turnover with current year.
• Check credit limit/period/performance during entries.
• Also controls Payment & Credit note to parties whose limit/ credit period is over.
• Print due details & limit statistics on sales & receipt Admin can authorise users to set credit parameters of parties.
• Can include PDC transactions in limit consideration.
• Last Sales and Receipt analysis.
• Credit groups for multiple concerns / branches of single party.
• Enhanced multi ledger limit (credit limit) report.
• Ledger & credit group limit statistics report.
• Parallel Grouping of party ledgers.
• Black listed parties report.
• Stop credit billing with single button.
• Tagged Ledger balance and bill-by-bill balance.
• Use categorisation bill reference.
• Outstanding Follow -up management.
• Ledger balance on Ledger/Group outstanding report.
• Cost Centre / Salesman / Agent wise outstanding report.
• Party’s Balance & Outstanding Summary.
   

FAQ - Frequently Asked Questions

Q. How can I stop customers from exceeding their credit limit?
A. CreditWorthy automatically alerts or blocks billing when a customer crosses the approved credit limit or credit period.

Q. How do I know if a customer is safe to sell on credit?
A. Check the customer's payment history, outstanding balance, and credit performance before approving new credit.

Q. How can I reduce delayed payments from customers?
A. Monitor due dates, payment performance, and outstanding bills to take timely follow-up actions.

Q. How do I check a customer's outstanding balance while creating an invoice?
A. CreditWorthy displays live outstanding, credit limit, and payment details during voucher entry.

Q. How can I improve my business cash flow?
A. Control credit exposure, monitor receivables, and avoid unnecessary credit to high-risk customers.

Q. How do I identify customers with poor payment behavior?
A. Use the Party Performance Report to analyze payment trends, overdue bills, and credit history.

Q. Can I prevent my sales team from giving unauthorized credit?
A. Yes, admin controls allow only authorized users to modify customer credit limits and terms.

Q. How can I manage credit for customers with multiple branches?
A. Credit groups let you monitor and manage combined credit limits across multiple branches or companies.

Q. How can I follow up on pending customer payments more efficiently?
A. Bill-wise outstanding reports and payment summaries help you prioritize collections quickly.

Q. How do I avoid bad debts in my business?
A. Set credit limits, monitor payment performance, and stop billing for customers with overdue payments.