The Quote of the Week: Enterprises without a Functional Credit Risk Management Live Dangerously

Posted by Joachim Bartels | Nov 10, 2012 | BIIA News, Business Information, Consumer Credit Information, Credit Bureau Operations, Credit Information, Credit Management Consulting, Germany, Member, Member News, Schufa Germany | 0 |

In a recent interview with the German credit management magazine “Der Kredit Manager”, Dr. Michael Freytag, Chairman of the Schufa* management board, stated that “credit managers hold a relative important position in the decision hierarchy of an enterprise. In essence credit management and credit information are intertwined as a basis for economic success. He is fully convinced that Credit Management is a profession with great future prospects. Without a professional and functioning credit management enterprises live dangerously.”

Source: Der KreditManager 3/2012 issue www.credit-manager.de

*SCHUFA ( www.schufa.de ) is Germany’s leading credit bureau and a member of BIIA

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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