Conduct a comprehensive AR risk assessment

 

Conducting a comprehensive AR risk assessment has always been important. But in times of economic uncertainty, it becomes a survival imperative.

A thorough risk assessment of your accounts receivable portfolio at regular intervals can save your business. Both in terms of shoring up your financial health and maintaining strong customer relationships.

AR risk assessments are traditionally managed on an annual basis. However, in the case of unusual market situations, such as a pandemic, assessing risk more regularly is highly advisable.

IN THIS WEBINAR YOU WILL LEARN:

  • The key elements of a risk assessment and how to execute each of them effectively.
  • Why a debt recovery plan is essential in dealing with delinquent customers.
  • How to truly "know your customer" to better mitigate against risk.
  • Proven methods to educate and empower your team to make data-driven decisions.