AGE ANALYSIS

Delegated Staff:
Credit Controllers, Credit Control Supervisor, Financial Manager, Systems Operations Manager (SOM) & Directors.

  1. IS Department sends Age Analysis to Financial Manager and Systems Operations Manager on a Monthly basis.
  1. Either Financial Manager or SOM sends report to Credit Control Supervisor.
  1. Reports distributed to the relevant Credit Controllers.
  1. Credit Control Supervisor to split Age Analysis report according to Credit Controller Code & send via e-mail to credit Controller.

  1. Age analysis consists of information carried over from the AS400 system :
    • Customer Account Number
    • Customer Name
    • Outstanding invoices aged – current / 30 days / 60 days / 90 days / 90+ days
    • Totals of aged amounts.

  2. Credit controllers to record actions on the Age analysis.

  3. Credit Controller to report once a week to Directors in a meeting

 
 
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