2008 Accounts Receivable (AR) Default 
Your Virtual Credit Manager
AUGUST 27, 2024
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?
Your Virtual Credit Manager
FEBRUARY 13, 2024
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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