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Effective Strategies For Managing Credit Risk In Your Business

Know-It Global

Failure to manage credit risk can lead to bad debts, cashflow problems, and eventually, business failure. Check out our complete guide to reading a business credit report so you’re equipped to make the most informed credit decisions! What are you waiting for, get started now. The good news is you can avoid these issues.

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The Alarming Trend of Rising Company Insolvencies

Know-It Global

Supply chains threatened by soaring insolvencies Recent data has revealed the average bad debt for UK SMEs is £16,641, a spike of 61% in a year! Bad debts If the insolvent company owes you money, you may not be able to recover the debt, or you may only receive a fraction of what you are owed.

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9 Fintech Innovators Helping Employers Retain Top Talent

Due

So, what else can you do to retain top talent in a tight labor market, especially when your industry experiences cutthroat talent competition at a baseline? Millions of Americans continue to pay off these debts years or even decades after graduation. But let’s be honest: They’re not enough.

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A Guide to Dispute Resolution in Business

Credit Management Group UK

Having a dispute resolution system in place can mean the difference between getting paid on time and getting paid paid, which will ultimately have knock on effects to your cash flow, debtor days and could increase your risk to bad debt. The post A Guide to Dispute Resolution in Business appeared first on Credit Management Group UK.

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Know-It Global

Failure to manage credit risk can lead to bad debts, cashflow problems, and eventually, business failure. Check out our complete guide to reading a business credit report so you’re equipped to make the most informed credit decisions! What are you waiting for, get started now. The good news is you can avoid these issues.

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10 strategies for optimizing your accounts receivable to maximize your ROI

billtrust

What you’ll learn. But what are the best strategies for optimizing your accounts receivable to maximize ROI (return on investment)? What are the primary goals of accounts receivable? What are the primary goals of accounts receivable? But what exactly are the primary goals of accounts receivable?

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The Complete Guide to Managing Consumer Debt

Prosper

What is consumer debt? It may sound scary, but part of financial empowerment is getting comfortable with the idea that well-managed debt is not necessarily a bad thing! In the first part of our money series, Credit 101: The Ultimate Guide to Managing Credit, we made a deep dive into the world of credit.