Red Flags a Private Firm Is in Distress
Be Prepared for Rising Business Failures with a Recession Looming
A key objective of Accounts Receivable (AR) management is minimizing past due AR to ensure cash in-flows and minimize bad debt losses. Delinquent payments from customers create cash flow shortages, a need to borrow funds and pay interest (at increasing interest rates), and a significant work requirement to accelerate the la…
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