Facebook Twitter LinkedIn YouTube Menu Search Arrow Right Arrow Left Arrow Down Arrow Up Home Arrow Next Arrow Previous RSS Icon Calendar Icon Warning Icon

Articles in Industry Publications

Article

Management Pulse survey results: Customer credit and payment options

  • November 2017
  • Number of views: 3538
  • Article rating:

Jimmie Williams, Jr.
Bradleys', Inc.

Cash flow is the heartbeat of every successful service business. Balancing the ebb and flow between Accounts Payable and Accounts Receivable is a struggle, especially when the customers do not pay within the negotiated term. If a company’s credit requirements are too stringent, we may lose good customers. If too lenient, we are left holding an empty money bag. We’ve all been burned at least once by a publicly traded corporation due to their financial failure. Of the 188 respondents to the recent Management Pulse survey on customer credit applications, 85% extend credit terms to their customers.

LOGIN TO VIEW AND DOWNLOAD THE ARTICLE

Documents to download

Print


Comments are only visible to subscribers.