is b2b credit management software worth implementing?
we’re a b2b company doing low‑ to mid‑six figures a month in revenue, with most invoices on net 30 and net 60 terms. A handful of bigger customers now represent a large share of our receivables, and the current way we manage credit limits and approvals (basic checks, notes, spreadsheets) is starting to feel a bit fragile.
i’m trying to work out whether b2bcredit management software is actually worth it at this stage or whether we should just tighten the process we already have. If you’ve put a credit tool in place around this size, did it noticeably change approval speed, reduce bad debt, or make it easier to keep everyone aligned on limits? On the flip side, if you looked at these tools and decided they were overkill for your current scale or team, I’d be interested in what made you hold off.