Generally Accepted Credit Management Principles. From Credit Managers for Credit Managers

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Current studies highlight that poor credit management is a major cause of corporate insolvency. The Generally Accepted Credit Management Principles (GACMP) address this gap, providing essential guidelines for credit management. They serve as a foundation for companies to develop their credit systems and offer certification to demonstrate compliance, ensuring sustainability amidst market dynamics. This edition also includes an introduction to risk management, emphasizing the importance of credit management within this broader context.