The Global economy has seen a 31% increase in bankruptcy filings due to the rising recession.
This threatens to disrupt revenue, new customer acquisition, and cash inflow for many businesses, especially small and mid-sized companies. During such an economic downturn, the onus lies on the credit department to navigate through credit and financial risk.
But, in the face of this unforeseen risk, how can you help manage credit risk? Join this panel discussion to find out.
Key Takeaways:
1. What can you do to protect your AR with a customer headed into bankruptcy? 2. What are the best tools for securing your transactions with at risk accounts? 3. What are the critical elements that define a security agreement?
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