Revenue Management Associates LLC

What do you know about Trade credit? Is there any legal issue? To find out the answers to this question here, we discuss trade credit and how it works for any business. Trade credit is a credit which allows a company to exchange their goods and service without paying immediate cash or cheques. When any business enters trade credit management , there is a limit set with their suppliers which are called credit terms. There are many advantages of trade credit management service for buyers as well as for suppliers. So, let’s discuss this. Advantages of trade credit for a buyer 1. Low-cost finance:  It is the cheapest form of investment. In trade credit management , you don’t need to pay an interest cost to your supplier. 2. Discounts on early payments:  Here you will get a discount if you paid before the time-period. 3. Hassle-free sanction:  One of the important reason behind the popularity of trade credit is that it is effortlessly available t...

Customer experience means the perception of a customer about your business. Many companies implement Customer experiencemanagement solutions for increasing their business revenue and achieving the high quality of satisfaction from their clients. So, here we discuss seven ways to create a customer experience enhancement which would be helpful for every business. Ways to create a customer experience strategy Understand your customer: When you understand your customer, then it will be easy to connect with them. Check the profiles of your customer and create a persona. By creating a persona for every customer, you will be able to understand them better. Analyze the business: This is another way to create customer experience enhancement.  Analyze your business and make strategies according to your business. Make a goal for your business. Try to build long term goals for your business. Follow the mission and vision of your business to fulfil your objectives. ...