2008 Bad Debt Order to Cash 
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. Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency.
TreviPay
APRIL 11, 2023
Economic factors stemming from the financial crisis in 2008, and more recently, because of the global pandemic, heightened the retailer’s adversity to risk. TreviPay’s scalability and business process outsourcing enabled the client to optimize and reallocate their human capital from the order-to-cash process flow in a cost-effective manner.
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