Description: For your business ongoing success, credit management is now more important than ever with the worsening of trading conditions and continual increase in insolvency rates.
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In the current economic climate all businesses large and small face the challenge of managing cash flow and the risks associated with bad debts. No matter how well managed and how successful a business may be, cash flow and profitability can be significantly impacted should a major customer or a number of key customers fail to pay.