In economically uncertain times, such as a recession, the risk of customer default can increase. This can lead to large financial losses for companies that rely on credit. Credit insurance can protect companies from this risk and help them maintain cash flow. In this blog, we will discuss what credit insurance is, how it works and why it is important during a recession.

Establishing and adhering to an accounts receivable policy is crucial to the financial well-being of any business, regardless of size. Managing accounts receivable plays a

5 Tips for Effective Accounts Receivable Management Have you ever dealt with clients who pay late or not at all? Most likely, yes: many companies

“Many business owners with credit insurance know they have a problem if they don’t meet the strict conditions,” the Sales Manager at CreditDevice knows. “But often they don’t know there’s a solution.”

Recently, The European Central Bank raised its interest rate by 0.75 percentage point. It is already the third increase in a short time. That means: watch out, borrowing money costs more money. By bringing down your DSO, you can save tens of thousands of euros.

Debtor management is an important part of a company’s financial administration. It involves making sure that your customers pay your invoices on time and in full. This is essential for your company’s liquidity and profitability. Yet debtor management is often treated as an understudy. It is seen as a time-consuming and tedious chore that brings little appreciation. But is that really justified? In this blog, we explain why debtor management should actually be a priority for every business owner.

In times of economic uncertainty, such as a recession, the risk of customer default can increase. This can lead to large financial losses for businesses that rely on credit. Credit insurance can protect businesses from this risk and help them maintain cash flow. In this blog, we will discuss what credit insurance is, how it works and why it is important during a recession.

In economically uncertain times, e.g. in a recession, the risk of customers defaulting on payments can increase. This can lead to major financial losses for companies that rely on credit. Credit insurance can protect businesses from this risk and help them maintain cash flow. In this blog, we will discuss what credit insurance is, how it works, and why it is important during a recession.

Discover how an accounts receivable portal not only optimises your payment processes, but also increases customer satisfaction and improves cash flow.

Discover how an debtor portal not only optimizes your payment processes, but also increases customer satisfaction and improves cash flow.

Every day that an invoice remains outstanding for too long costs money. Sometimes hundreds to thousands of euros per month, Olav de Lange knows. How