Are Your Receivables Generating Cash Flow Or Dust?

Are Your Receivables Generating Cash Flow Or Dust?

Must Study Guide for Creditors operating in today’s Economy

As a credit grantor, you ought to be aware of some simple principals when extending credit to consumers:

  • Extending credit carries an unavoidable element of risk. You are going to knowledge cash flow loss through debt regardless of how cautiously you screen and babysit your prospective and existing client base. However, is often a “Fact Of Life” for Financial Executives.
  • You will find basic policies that you Should make, implement and consistently enforce to attain your most thriving Cash Flow profit. Of course No Policy guarantees No Risk involved, even so, if enforced, the threat can and will be minimal.
  • Both parties must have complete definition of all credit terms and situations involved inside the credit agreement. The agreement Must be signed by Each party. Proper One-on-One overview with every new client agreement is not only essential, it can be also
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