When retail distributors delay payments, it can significantly impact a company’s cash flow and financial stability. In such situations, it is important to take strategic steps to address the issue and minimize the negative impact on the business. Here are key takeaways to consider when facing delayed payments from retail…
Day: February 2, 2024
Debt Recovery
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Tackling Non-Payment in Supply Chain Operations
Non-payment in supply chain operations can have a significant impact on a company’s financial health and operations. In this article, we will explore strategies for addressing non-payment, a recovery system for company funds, and collection rates and fee structures in supply chain operations. Key Takeaways Thorough investigation and recovery assessment…