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One in five business bankruptcies among small and medium-sized businesses occurs due to customers that default on their invoices.
Many businesses find it challenging to properly evaluate and track the creditworthiness of new customers.
And when conducting business with foreign customers, the challenge becomes even more complex because it can be difficult to interpret and rely on information used by foreign countries to measure creditworthiness.
In this guide, you’ll learn nine tips you can use to optimize the credit management process and help your business bring in the revenue it’s entitled to, ensuring long-term business continuity.