What Credit & AR Need to Know About Customers’ Payables

Mention accounts payable to most credit and receivables pros and they automatically think of their collection headaches with the people who work for their customers. But that’s only part of the relationship. Credit and receivables pros need to take a close look at customers’ AP practices long before collections become an issue.When the credit analysis is first completed, a comprehensive look at the AP numbers in a customer’s financial statements helps determine the decision on whether to grant…