Loading Purplepass...
Anticipate Bankruptcies Sooner Than Later
Presented By Global Wizdom
Wednesday, January 13th at 1:00pm EST
Online sale ends: 01/13/21 at 2:00pm EST
Live -Webinar
Kellogg Center 26 West Dry Creek Circle, Suite 600
Littleton, CO 80120
-= series =-
Buy Tickets
Buy Tickets
Key Take Away:
As economic and industry challenges emerge, customers with high debt levels and weak performance are at a greater risk of failure and filing bankruptcy. Often these bankruptcy filings are sudden with few advance warning signs. The Covid 19 economy has substantially increased the likelihood of customer bankruptcies.

In a recent survey conducted by The Accounts Receivable Network, 58% of Credit Managers say they have been surprised by a customer’s bankruptcy filing in the past year.

Although Credit departments have always managed risk exposure, the speed of bankruptcy filing has accelerated greatly in past years. Whereas in the past, a creditor would receive a number of warning signs (increasingly past due payments, declining credit ratings, operating losses, shrinking of cash reserves, exhausting lines of credit, etc.), from a deteriorating customer, that is no longer the case in many instances. We have observed customers who are moderately past due in their payments to a supplier file bankruptcy. This catches their suppliers by surprise, resulting in higher bad debt loss.

Areas Covered in the Session:
•  Current bankruptcy landscape: bankruptcy as a financing tool
•  Techniques to identify an impending bankruptcy
•  Tactics to mitigate risk & exposure to bad debt loss
•  Top 10 Warning Signs of an Impending bankruptcy

john Salek is President of Revenue Management Associates, an Accounts Receivable & Order to Cash consulting company. He is a highly experienced financial professional with proven performance in the Order to Cash process including order and contract processing, billing, dispute management, credit control, collections, and cash application. John has worked in a broad range of industries with over 250 clients.

Presented By

1:00pm to 2:00pm
Doors open at 12:00pm

General Admission: $159.00


Live -Webinar<br> Kellogg Center 26 West Dry Creek Circle, Suite 600<br> Littleton, 80120





Thursday, December 17th

Past Event
Wednesday, December 16th

Past Event