Be proactive not reactive when it comes to credit risk

Imagine we live in a world that we can predict the future! That would be fantastic, yet perhaps boring!

For many businesses that sell or partner with others and the payout is deferred to future dates, there is a big credit risk. What if you have franchisees for example that according to your business partnership they pay you loyalty every three months? Will they be able to pay you in a quarter’s time?

Wouldn’t it be great to be proactive and alerted, in case you face an increased credit risk?