All Eyes on Receivables and Payables due to the Credit Crunch
CFOs at companies of all sizes have been paying ever closer attention
to the cash streaming through their businesses and keeping careful
watch on their suppliers' credit terms and their customers' viability.
No one wants to see the current credit freeze among wary banks repeated
between customers and vendors. Also to be avoided: getting caught in a
tug-of-war between accounts receivable and payable.
Crisis Spawns Payables-Receivables Crunch
Sarah Johnson – CFO.com | US
November 6, 2008