Liquidity is the lifeblood of any company. Even with full order books, many companies have failed because of a lack of liquidity. Efficient credit management…
When customers dont pay their bills, the companys revenue stream takes a hit. This is an obvious business risk, but also one thats complex to manage. For some companies, small shifts in the global economy wreak havoc on accounts receivable (A/R).
The Chinese government is committed to transforming the renminbi (RMB) into a leading global currency. While the goal is clear, the rate of progress depends…