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How to Choose the right Debt Collection Agency?

Debt collection, whether commercial or consumer, is one vital part of a comprehensive credit risk management system. When we hear the words “credit risk management,” or “Cash Flow” we may have a general idea of the meaning, but for the record, a comprehensive credit risk management system will use a wide range of “before and […]

Small businesses losing up to $7b cashflow from late payments, study finds

Small and medium businesses are losing access to as much as $7 billion a year because bigger companies are not paying their bills on time, according to a study. And late payments on outstanding invoices, worth $115 billion, create a “domino effect” on the broader economy by tying up cashflow. Those findings were based on […]