By Annacaroline Caruso on Wednesday, 14 June 2023
Category: Nacm Blog

Bankruptcies Are Rising, What Is Your Strategy?

 Listen to the latest episode of NACM's Extra Credit podcast to learn how automation can help credit departments navigate the spike in bankruptcies. 

🎙️ With the pandemic free-money era officially coming to an end, many businesses on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise. Commercial Chapter 11 filings increased 105% in May year-over-year.

Listen to learn how credit professionals can use automation in a time like this to:

⏰ Spend their time more wisely.
💯 Perfect their credit and collections strategy.
🤝 Improve customer service.
💲 Proactively protect accounts receivable.

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