2008, Credit Management and Order to Cash

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2008

Credit Management

Order to Cash

Get Ready for a Wave of Commercial Bankruptcies

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. Here’s a primer on credit insurance. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit.

Bankruptcy

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR)

Case Study – European Electronics Retailer

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. This caused them to adopt a defensive risk posture, reduce credit lines previously extended to business customers and reduce their customer base by 50%.

DSO

DSO Bad Debt Credit and Collections Order to Cash

Credit Management Source

Get Ready for a Wave of Commercial Bankruptcies

Case Study – European Electronics Retailer

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