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Protecting Receivables in an Uncertain Economy: Strategies for AR Managers
March 12, 2025
Q. Given the uncertainty in the US economy (rise in tariffs, inflation, fear of recession, etc.), what actions are you taking — or considering taking — to protect your receivables?
A.
(Answered by a member of IOFM's Advisory Panel)
Please see below for what my company is currently doing to protect our receivables:
Implementing rigorous credit checks for new customers. We maintain a list of customers that have a history of slow payment. If we are aware of a potential new customer that is known…
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