Free Whitepaper: Managing Customer Debt - What's Next?
Managing Customer Debt - What's Next
Customer debt pressures are piling up. Resilience will be needed to handle the challenges on the horizon as we approach winter, with collections processes being pushed to their limits.
As a supplier, you should be clear on the current state of the market, and the areas in which you should focus for improvement. A balance between cash collection and customer support is achievable, with the right direction on where and how to act.
In the second instalment of our debt management series, we provide an update on the current challenges in the market, offering solutions to help suppliers manage the situation carefully and effectively, with an in-depth focus on selling debt as a final option for segments that require specialist support.
Managing Customer Debt
How can you react as a supplier?
Although there’s good reason to be concerned, it’s important to remember that suppliers are not powerless. A balance between cash collection and customer support is achievable, with the right direction on where and how to act. Joseph Cooper Manager