While we’re rapidly progressing through 2019, we should stop to take a moment and reflect on a couple of points from our most recent Client Satisfaction Survey.
We asked our clients what the biggest challenges for them would be this year and this is what we heard:
- Time to manage and assess new customers and increasing credit limits
- Keeping customers to payment terms and implementing stricter policies for late payers
- Obtaining the required credit limit insurance cover
- Getting paid on time
Similar concerns have been heard before, but they have now been exacerbated by potentially some uncertainty around global trade with China and the US.
See here for additional insights into the survey.
Kind regards
Stuart
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+65 6221 0460
info@ncib.sg
