Savino Del Bene Freight Forwarders Senior Executive Credit Control Interview Questions and Answers

DSO stands for Days Sales Outstanding. It is the average number of days it takes for a company to collect payment after a sale.

• To reduce DSO, companies can offer discounts for early payment or implement stricter credit policies.

• Improving the accuracy of invoices and billing statements can also help reduce DSO.

• Automating the payment process and using electronic invoicing can speed up the payment process.

• Regularly review...read more

I have over 10 years of experience in credit control department.

• Managed a team of credit controllers and reduced the company's DSO by 20%

• Implemented credit scoring system resulting in a 15% reduction in bad debt

• Negotiated payment plans with customers and improved cash flow

• Developed and maintained relationships with key clients

• Regularly reviewed credit policies and procedures to ensure compliance with regulations