Bankruptcies Are Rising, What Is Your Strategy?

from Extra Credit · host NACM

Tell us what you love about Extra Credit and what topics you want covered!With the pandemic “free money” era officially coming to an end, many businesses that are on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise across the U.S.---commercial Chapter 11 filings increased 105% in May year-over-year. This underscores the importance of an effective collection strategy.Now is the time to prepare and perfect your collection strategy with the help of automation. Complete our State of AR Automation survey and be entered to win a North Face puffer jacket courtesy of BlackLine.Connect with us on LinkedIn: @Nacm-National @FCIB

Episode metadata supplied by the publisher feed · Published Jun 9, 2023

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Tell us what you love about Extra Credit and what topics you want covered! With the pandemic “free money” era officially coming to an end, many businesses that are on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise across the U.S.---commercial Chapter 11 filings increased 105% in May year-over-year. This underscores the importance of an effective collection strategy. Now is the time to prepare and perfect your collection strategy with the help of auto...