Remove 2008 Remove Accounts Receivable (AR) Remove Default
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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. The good news is that there are a number of actions you can take to reduce your loss exposure and shore up your accounts receivable (AR). it just might help them pay you sooner!

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

Back then, the main question was simple: will this account pay us? Delinquency risk and the risk of default were the primary focus. Risks are multiplying at a dizzying pace, demanding that credit functions adopt a more comprehensive and forward-thinking approach to safeguard their organizations. What are the risks?