Scientific Journal of KubSAU

To improve the efficiency of using receivable accounts at the enterprise, there is an objective need to perform its constant control. The management of the accounts receivable allows to consider the issues arising during the execution of payments from the debtors of the enterprise in due time and to take essential measures to overcome such situations. This will ultimately have a favorable effect on the financial condition of the company. This article reviews the possibility of using information technologies for the management of the accounts receivable of the enterprise through the implementation of a balanced credit policy. The presented software tool makes it possible to calculate the final credit rating of each enterprise’s debtor by determining the sum of the weighted estimates of all risk factors, to determine the credit limit of each debtor, based on the total debt limit of the company, or on the basis of average monthly receipt from the funds of the debtor. Furthermore, the program helps to calculate the sum of discounts given to the debtor for the timely merchandise payment, or the sum of the fine for breach of the payment discipline. The use of information technology to automate processes of the accounts receivable management of enterprises can significantly reduce economist’s time of work spent on this issue, define emerging problems in this sphere in due time and help to make justified management decisions to overcome such problems