No one has to tell you that 2009 is going to be a tough year for every business. There will be plenty of challenges, and collecting your accounts receivables will surely be one of them.
If your firm has an accounts receivable management strategy, now is the time to re-evaluate that strategy — from top to bottom — in light of the economic climate. If you do not yet have a strategy — how can I say this tactfully? — what in the world are you waiting for?
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