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How AR-AP Connectivity Drives B2B Collaboration

PYMNTS

While optimizing back-office functions like accounts payable and accounts receivable can support enhanced cash-flow management, B2B partnership collaboration is also critical to supporting the financial health of an organization. With a focus on suppliers’ corporate customers, the tool also integrates a credit risk solution.

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Optimism in Asia: Firms expect demand surge in coming months

Future CFO

While there is an anticipation of global trade expanding by slightly over 2% in 2024, the pace of growth in Asia is forecasted to remain subdued and may not be as robust as it was in previous years, Atradius said. Bad debts also declined slightly, standing at 5% of all B2B invoiced sales, Atradius pointed out.

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Payment behaviours likely to deteriorate in 2023 

Future CFO

Allianz Trade forecasts that global WCR to remain broadly stable. In this period of uncertainty, the greatest financial relief one can give small and mid-sized businesses is faster payment of their outstanding invoices, and improved credit-management practices. In 2023, more of the same. Liquidity matters.

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Late Payments A Growing Problem In Western Europe

PYMNTS

A series of reports over recent days show evidence that collecting on B2B receivables remains a stubborn problem. Credit sales waned a bit this year, at least on the B2B side, as that activity was 37.4 Within that headline number, credit sales were off in Ireland by 7.2 Insufficient funds availability. percent in 2017.

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Enterprises Are Operating With Blinders — And Blindfolds — On

PYMNTS

While there is technology to heighten transparency of business processes like cash flow, FX risk and other financial aspects of the job, the accuracy, accessibility and actual use of those tools is far from a sure thing. Researchers said exposure to trade credit risk in this region has increased by 19 percent compared to the year prior.

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‘Ultra-Late’ Invoices Make Chinese Firms Wait Months For Payment

PYMNTS

One thousand businesses responded to the Coface survey, which aimed to look at corporate credit risk mitigation, according to reports. In this context,” Coface noted, “the risk of a rise in nonpayments should not be underestimated.”. Analysis found that 80 percent of Chinese companies are dealing with overdue payments.