Tag: problem
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How to Evaluate Customer Creditworthiness Before Extending Credit
Extending credit to customers can be a great way to foster long-term business relationships and drive sales. However, failing to assess a customer’s creditworthiness properly can lead to late payments, bad debt, and cash flow issues. Evaluating creditworthiness before extending credit is essential to minimizing financial risk while maintaining customer satisfaction. Understanding the Importance of…
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How to Handle Disputes in Accounts Receivable Efficiently
Disputes in accounts receivable are a reality for most businesses. Whether it’s an incorrect invoice, confusion over payment terms, or dissatisfaction with a product or service, these issues can delay cash flow and strain relationships with clients. Resolving disputes efficiently isn’t just about fixing problems—it’s about preserving trust and keeping operations running smoothly. Clear and…
Credit Control Club 