Partners Randall K. Lindley and Gwen I. Walraven and associate T.J. Hales authored the National Association of Credit Management (NACM) eNews article “Preparing for a Slowdown in Accounts Receivable Collection Due to COVID-19.” The piece explores how businesses can adapt to potential delays in payment and collection of accounts receivable as the COVID-19 pandemic unfolds. It delves into specific issues of concern for businesses and concludes by noting, “Businesses can work to mitigate the associated risks by remaining focused on the dual goals of maintaining stable cash flow and customer relationships. By balancing these (sometimes) competing interests, with the right tools and guidance, businesses will weather the COVID-19 storm.”
To read the full article, please click here.
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