In 2023, what risks are credit professionals monitoring?
Manage episode 400962200 series 3553474
In this interview, we were joined by special guest Nicolas Pilavidis from the Australian Institute of Credit Management.
We discussed the critical role that credit professionals play in managing risk and ensuring their businesses receive payment for the sales and services delivered. Plus their unique information sources, that enables them to track how economic conditions impact their customers and provide insights into future developments by analysing these trends.
So what do the risks look like for 2023?
We dived into some insights from the recently published AICM Risk Report for 2023 including:
- The 'big squeeze' of rising costs and falling demand,
- Managing trade credit in an increasing interest rate environment,
- How credit managers are identifying and managing emerging industry, technological and legal or regulatory risks, and much more...
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