TRADE PAYABLES MANAGEMENT

Efficient management of Trade Creditors is just as important as managing Trade Receivables. Trade credit provides valuable working capital for the business. By negotiating favorable credit terms with suppliers, combined with efficient collection of trade receivables, the business can ensure availability of adequate funds for maintaining day to day operations. However, optimal use of trade credit is a must to maintain favorable credit record for the business with suppliers.

CREST ERP helps you monitor and administer your Trade Payables effectively. Continue to the detail sections.