Extra Credit

Bankruptcies Are Rising, What Is Your Strategy?

June 09, 2023 NACM Episode 61
Bankruptcies Are Rising, What Is Your Strategy?
Extra Credit
More Info
Extra Credit
Bankruptcies Are Rising, What Is Your Strategy?
Jun 09, 2023 Episode 61
NACM

With the pandemic “free money” era officially coming to an end, many businesses that are on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise across the U.S.---commercial Chapter 11 filings increased 105% in May year-over-year. This underscores the importance of an effective collection strategy.

Now is the time to prepare and perfect your collection strategy with the help of automation.

Complete our State of AR Automation survey and be entered to win a North Face puffer jacket courtesy of BlackLine.

Show Notes

With the pandemic “free money” era officially coming to an end, many businesses that are on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise across the U.S.---commercial Chapter 11 filings increased 105% in May year-over-year. This underscores the importance of an effective collection strategy.

Now is the time to prepare and perfect your collection strategy with the help of automation.

Complete our State of AR Automation survey and be entered to win a North Face puffer jacket courtesy of BlackLine.