10 Policies to Reduce Risk of Nonpayment in Volatile Global Markets

As much as companies must take steps to protect themselves from risk of nonpayment when doing business in the U.S., that is doubly true for firms doing business overseas, especially in emerging markets. Overseas markets have generally seen sharp rises in non payments during the past few years, including in the historically less risky Euro zone. In response to this outlook, AR and credit pros with customers overseas should ensure they have policies like the following in place to reduce risk of…