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Managing A "Pay When Paid" Policy

JSP Credit Management

If you have spent any amount of time in debt collection, credit management, credit control, P2P or OTC roles, you will be familiar with the standard 30-day NET payment terms. Of particular concern for some (but not enough) companies during these negotiations is what the agreed payment terms will be.

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The Implications Of Company Structure On Debt Collection

JSP Credit Management

This model is the dominant model in the legal sector for example where law firms will nearly always adopt an LLP company structure. Regardless of the company type, when it comes to credit risk, it pays to take steps to try and mitigate the potential risks before becoming exposed to them rather than after.