Credit Department Survey Results – December 2010

According to a recent survey, the following numbers depict the current state of the credit department in companies based in the United States.

Which of the following best describes your credit department?

Responsibilities are split – some staff focus exclusively on collection tasks while others focus exclusively on credit extension. — 24.67%

Responsibilities are shared – each staff member handles multiple tasks, including collections, credit extension and others. — 47.88%

Our credit department operates in a different way (please describe in the comments section below).— 8.70%

My company doesn’t have a credit department, or I am the only member of the credit department. — 18.74%

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