Although there are contracts in all commercial transactions between the two parties of transaction and the clear commitment between the two parties to implement all of its provisions there is always and never a clause in these contracts that are not complied with by one of the parties of the transaction (the debtor), which is related to the date of payment and given the breadth of competition between companies with One economic activity, the creditor finds himself surrounded by risks, which is represented in losing money or delaying it in a big way, so that the interest that was desired from behind this transaction or a loss to the customer is lost with it due to these risks, which he put himself in because there is no clear and specific credit system within his company that helps to avoid or minimize credit risk, which ultimately helps:
*Reducing bad debts. *Reducing doubtful debts. There are no differences in the accounts between it and its customers, which may eventually turn into bad debts. Therefore, we are creating the credit system in proportion to the nature of the work of each company and the level of competition in the economic activity that is practiced in a manner that does not conflict with the desired sales percentages, which is the ultimate goal of any economic activity.