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How Are You Protecting Receivables During Economic Uncertainty?
March 4, 2025
Q
Given the uncertainty in the US economy (rise in tariffs, inflation, fear of recession, etc.), what actions are you taking – or plan to take – to protect your receivables? Can you describe any signs or trends that you are you seeing that might impact your Accounts Receivable operations?
A
To protect our receivables, my company is:
· 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…
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