Credit information: know your customer
Taking risks is part of being an entrepreneur. To make an informed choice about which risks you will or will not accept, up-to-date business information is important. What is the financial situation of your (future) customer or supplier? What is its creditworthiness like? Last year went well according to the public financial statements, but what does that say about the future? In this article, we discuss the importance of having up-to-date data for assessing the risks of your customers or suppliers.
Be prepared for the end of COVID-19 support
Most of the cororama support measures have recently ended or will end in early October. In this article, we take a look to the future. What should you look out for when repaying support measures and what can you do to keep a grip on your liquidity?
Tips for minimising risk in prepayments
Recently, there has been a shift in supplier payment options. Due to scarcity and competition, suppliers are increasingly demanding advance payment for raw materials and products. Often, they also ask for higher percentages of the total amount to be paid in advance than before. Sometimes, they even want the full amount in advance. In this article, Menanynke Hulshof-Schippers explains the risks this poses for you and gives tips on how to minimise these risks.
Be prepared for the end of COVID-19 support
Most of the cororama support measures have recently ended or will end in early October. In this article, we take a look to the future. What should you look out for when repaying support measures and what can you do to keep a grip on your liquidity?
'See digitisation as an opportunity, not a threat'
We spoke to Ronald van Groningen, credit manager at TotalEnergies, about his views on credit management. Within TotalEnergies Marketing Netherlands, Ronald is responsible for the Credit Control department where, together with his colleagues, he takes care of accounts receivable management, from customer origination and credit check to follow-up calls. We asked him what challenges and developments he sees within his field in the near future.
'See digitisation as an opportunity, not a threat'
We spoke to Ronald van Groningen, credit manager at TotalEnergies, about his views on credit management. Within TotalEnergies Marketing Netherlands, Ronald is responsible for the Credit Control department where, together with his colleagues, he takes care of accounts receivable management, from customer origination and credit check to follow-up calls. We asked him what challenges and developments he sees within his field in the near future.
The future seems unpredictable
The past few years have been marked by quite a few far-reaching events, with COVID-19 in particular having a huge impact on our lives. Also, between corona, we still had to deal with the Brexit and the social unrest that prevailed in America due to Biden's election win. In this article, we look back at the past few years and look at what all awaits us in the coming years, economically speaking.
The future seems unpredictable
The past few years have been marked by quite a few far-reaching events, with COVID-19 in particular having a huge impact on our lives. Also, between corona, we still had to deal with the Brexit and the social unrest that prevailed in America due to Biden's election win. In this article, we look back at the past few years and look at what all awaits us in the coming years, economically speaking.
The 5 unjustified assumptions about taking out credit insurance
In our daily conversations with uninsured companies, we often notice a resistance to taking out credit insurance. In this blog, we discuss these main objections and set out some arguments against them.
Types of factoring: 5 different variants
When we talk about working capital financing, the term factoring often comes up. Factoring is at its core debtor financing, but what you may not realise is that there are many types of factoring. In this article, we give an overview of these different types.