Credit Control for Accounts Receivable Management: A Case Study of a Pharmaceutical Company

Abstract

Account receivables management is a fundamental aspect in evaluating a firm’s efficiency in regards with cash flow and credit turnovers. The purpose of this paper is to assess the credit control and receivable management efficiency for one of the largest pharmaceutical company operating in the world. Our paper findings show that pharma companies should implement stringent credit control measures that can help in improving their cash flow. As well as, company in this industry should form strategic alliances that help in sharing credit information and implementing credit control measures.