The truth about year-end payment delays

from Extra Credit · host NACM

Tell us what you love about Extra Credit and what topics you want covered!💵Year-end slowed or delayed payments have become common practice for businesses. Oftentimes, companies that operate seasonally or are facing tight economic conditions will hold off on non-essential payments, saving their credit debt for last. 📈Many customers intentionally make late payments so they can report a stronger financial position at the end of each quarter or year.🧠Mastering strategies to handle these slow payers will keep cash flowing and risk at bay as you close out the year. Here’s your survival guide to tackling year-end collections so you can ward off any cash flow scares.Connect with us on LinkedIn: @Nacm-National @FCIB

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This episode was published on November 8, 2024.

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