No. Indicator Mean DE Rank
1 Implementing policies for granting credit to customers such as screening, selection, level of credit to be granted and approval.. 3.52 FI 1
2 Implementing policies for collection such as sending of reminder or demand letters and imposing penalty for delinquent debtors. 3.42 FI 2
3 Regular monitoring of age of receivables to measure effectiveness in collection and to address “problem accounts”. 3.23 AI 3
4 Maintaining accessible place for receiving payment and implementing other collection systems for receiving payment from customers such as through banks, collection agents, and/or centers. 3.22 AI 5
5 Maintaining optimum level of accumulated amount of receivables. 3.22 AI 5
6 Monitoring of receivables position such as ensuring that it would not exceed beyond a certain level. 3.22 AI 5
7 Ensuring efficiency and effectiveness of collection of receivables such as collection is not time consuming and cost is minimal. 3.14 AI 7
8 Scheduling of collection of receivables 3.12 AI 8
9 Regular reviewing of credit policies to implement necessary changes or revision on the policies. 3.11 AI 9
10 Monitoring and planning of receivables to match with the overall profitability of the cooperative. 2.80 AI 10
Overall Mean 3.20 AI