Evaluation Of Receivables Management At V-tork Controls,coimbatore

Abstract

Effective Receivable Management Are Crucial For Maintaining A Company’s Financial Stability And Ensuring Smooth Cash Flow. Extending Credit To Customers Is A Common Practice That Helps Businesses Expand Their Sales, But It Also Comes With Risks Such As Delayed Payments And Bad Debts. This Project, “Evaluation Of Credit Policies And Receivable Management At V Tork Controls, Coimbatore,” Aims To Assess The Efficiency Of The Company’s Receivables Management. V Tork Controls, A Manufacturer In The Industrial Automation Sector, Deals With Various Clients On A Credit Basis, Making It Essential To Have Strong Credit Control Mechanisms In Place. The Study Analyses Key Aspects Of Credit Management, Including The Credit Approval Process, Payment Terms, Collection Policies, And Bad Debt Management. It Also Compares The Research Methodology Involves Both Primary And Secondary Data Collection, With Insights Gathered From Company Financial Reports, Discussions With Finance Personnel, And Market Data.

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