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Nov 8, 2024
Blog

The truth about year-end payment delays

On today’s episode of Extra Credit…Year-end slowed or delayed payments have become common practice for businesses. Mastering strategies to handle these slow payers will keep cash flowing and risk at bay as you close out the year. Here’s your survival guide to tackling year-end collections so you can ward off any cash flow scares.
Nov 7, 2024
eNews

Why elections matter to credit managers

With Donald Trump’s victory in the 2024 U.S. presidential election, credit managers are facing a new political landscape that will directly influence the economy and credit risk management.
Nov 7, 2024
eNews

When to write off bad debt

Deciding when to write off an account as bad debt is one of the most challenging calls that credit managers face.
Nov 7, 2024
eNews

Secure payments with a personal guarantee

A personal guarantee, a legal commitment where an individual pledges to cover the business’s debts if the promise to pay an obligation is broken, has become a significant tool in the credit industry.
Oct 31, 2024
eNews

Fraud: A haunting reminder for construction credit managers

For credit managers working in construction, being proactive when it comes to fraud can be hard. With so many different schemes orchestrated to swindle your company out of materials or money, it can be a real nightmare for credit managers to know what to look out for, especially as fraudsters adapt.