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Credit committee

March 29, 2023
March 29, 2023


Q. I have a question for my AR/C&C colleagues: Do you have a credit committee in your company and if so, what is their role, scope and objective? A. (Answered by the IOFM Advisory Panel) ----- We do not have a credit committee in our company. I’m a one-person department. ----- Our credit committee consists of the Credit Manager, Shared Services Manager, CFO, Sales VP and Sales Directors. The credit committee is responsible for approving credit lines over a set limit. The credit committee also…

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