Baring your teeth
13 September 2012
Taking a hard line on credit is the key to maintaining good cashflow
Organisations that want to survive in business today would be wise to improve their liquidity, which means a thorough versing in cash management, including credit management. There is no management problem that slack credit operation will not make worse.
Managers are well aware of the risks related to trade credit, but often underestimate the task of reducing...