Page 9 - Canon e-Leap Issue 28_July - September 2021_for Canon edge
P. 9


       Dear Channel Partner,

       Greetings from Team Credit (FAD)

       Hope all of you are safe & healthy, doing well along with your team and family members.
       The situation in Quarter – 3 looks better and improved if we compare the same with severe pandemic
       conditions in Apr-May months. But still, all of us need to be cautious.

       In the June Quarter Communication, we informed you about extension of maturities by our channel
       finance partner bankers. Hope it helped all of you to manage your cash flow related issues during the
       pandemic times.
       As the festive season is round the corner, we shall be happy to support you for your credit limit related
       matters to manage the large volumes expected during this period. Please do send in your proposals
       through your respective Business Managers.
       Another subject which I would like to touch upon here is the Balance Confirmation. As you are aware
       that we do this exercise to take Balance Confirmation for Accounts Receivable as well as Accounts
       Payables on a periodic basis. We have brought in more automation here and both these processes shall
       be driven through PEP on half yearly basis. More details about the same shall be shared by the Channel
       Credit & Claims management team by way of specific mailers on this subject. We seek your attention &
       cooperation here to comply with the defined norms and help us maintain healthy business relationship.
       Another automation and process enhancement done by CIPL relates to the TG Claims settlement. Here
       again we have used PEP platform to approve the claims and send auto reminders to those partners who
       missed out sending their claims within the defined timelines. This will ring in more transparency and
       further help us settling the TG claims at a faster pace. Detailed communication is being shared by the
       claims settlement team.

       Please feel free to get in touch with us for any details required related to above mentioned matters. We
       shall be happy to assist you.

       Stay Safe.

       With warm Regards

       Sanjay Bhatia
       Director – Credit
       (Finance & Accounts Division)

      Note: This article/information is meant for Canon India Pvt. Ltd. Channel Partners and is related to their commercial flow of
      transactions with Canon India Pvt. Ltd.

       9                                                                                Issue 28 | July-September 2021
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