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Article: Heightened Focus on Receivables Management Having Stabilising Effect on Payment Behaviour During Recession in 2009.
- Article from:
- PR Newswire Europe
- Article date:
- October 13, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AMSTERDAM, October 13 /PRNewswire/ -- The recession has resulted in more companies worldwide paying greater attention to their receivables to stabilize their cash flow and balance sheets. The result has been very little deterioration in payment behaviour and in some countries an improvement has been realised.
The "Atradius Payment Practices Barometer", a twice-yearly assessment of corporate payment behaviour surveyed more than 3,500 firms in Belgium, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, Sweden, Switzerland, Ireland, Austria, Poland, Czech Republic, Canada, United States, Mexico, Australia, Hong Kong and China. The Atradius ...