I am interested in any input on my idea for a fairer way to treat creditors of a distressed company.
https://t.co/OIovlNwmLA #credit#insolvency#debt#business
The latest Credit Pearl's podcast is out. I was delighted to be asked to be a guest by Sharon Farrell. I hope you get something from our chat. #podcast#cmii#creditcontrol#training https://t.co/SNNdLT9xSf
Who would like to bet that the situation in Ireland is significantly different. This means that credit departments will need new processes and training to manage these debtors. They will also need to address the increase in vulne…https://t.co/qwxm00GV9g https://t.co/hKFED67opW
“To achieve great things, two things are needed: a plan, and not quite enough time.” - Leonard Bernstein
By that measure many credit departments are doing great things every day. #creditcontrol#covid19#debt#debtcollection#training https://t.co/7wZH35mHbw
One of the side effects of #covid19 is the acceleration of the acceptance of Zoom/Webex meetings and training session.
I always did #creditcontrol training in a classroom setting which took the staff away from their desks for a full day. It is not curren…https://t.co/zUA8LA8boA
How gardaí uncovered a massive fraud network based in Ireland (via @IrishTimes) There have to be some KYC (Know Your Client) lessons we can learn from a case like this. Some of the bank accounts were opened by people who were not…https://t.co/x8dAbSYIDy https://t.co/o9XklGowx2
National Grid warns of £1bn cashflow hit as US bad debts rise (via @IrishTimes) This a good example for SME's. There will be a big shock but business will continue and it is about your ability to isolate and survive the shock and…https://t.co/2Rc6QgvGSk https://t.co/wl8jCdb4sg
The 2020 Behavioral Economics Guide is now available for download. This is an area of study that can be of great value to credit professionals. #creditcontrol#behavioraleconomics#debt # #credit https://t.co/MpkB6JjUgg
These are shocking figures. Something to be aware of if you have clients in Dubai or the surrounding region. It could also be an issue if any of your clients have exposure to the region. #covid19#debtrecovery#debt#creditcontrol https://t.co/vRNKFWhpAE https://t.co/9NuaiwzHSL
The two clichés of whatever doesn't kill me makes me stronger and Pivot both come to mind. In many cases it will not be possible to go back to a before way of operating so a new approach is required or we don't survive. The adaptable will survive. #covid1…https://t.co/mjadNI61F6
This Wednesday at 10am I will be on the TrainedIn webinar discussing how businesses can fix their #covid19#Cashflow problems. Without a healthy Cashflow a business will not survive. Click on the link and register to join the conve…https://t.co/MGeD4dNrGl https://t.co/29TXchcWQo
Insolvency specialists seek virtual creditors’ meetings (via @IrishTimes) This is something to watch out for. It would make it much easier for more creditors to attend the meetings but the devil is always in the details. Does anyo…https://t.co/L3r9S6Bl2e https://t.co/2wCEA9tjgo