It is no doubt that CASH is the lifeblood of business, especially in a economic downturn. Accelerating cash flows through effective Credit Risk Management is one gift a CFO can give the stakeholders. There are more companies confronted with cash flow, receivable and credit risk concerns under the ...more

It is no doubt that CASH is the lifeblood of business, especially in a economic downturn. Accelerating cash flows through effective Credit Risk Management is one gift a CFO can give the stakeholders. There are more companies confronted with cash flow, receivable and credit risk concerns under the economic recession. The repercussions from this unpredictable market, is still a major concern to businesses across Asia. Many business managers in almost every industry believe that better credit terms can be utilized as a financing tool to generate and increase sales. But what credit facility terms are appropriate? Is the company over exposed to credit risks? How does it want to strike a good balance and DSO’s performance? Poor cash flow can be detrimental to many companies, which lead to their ultimate collapse. A number of companies may be operating a profitable business, but currently do not have good positive cash flow and sooner or later the inevitable will happen and the company becomes insolvent. Despite stashing tons of cash into the credit & collection department, companies are still facing bad debts and outstanding Accounts Receivable each fiscal year. Companies are facing higher than ever delinquency rates and possible bankruptcies, not to mention having a much harder time than ever before to put down Days Sales Outstanding rates and improving recovery rates. All these are done in an effort to turn credit into cash flow, but everyone is having a hard time trying to achieve this nowadays. Goals: Networking in the Asia Pacific region offers expertise in the language, culture, custom, rules and regulations of the respective countries, thus providing further assistance for all of our clients to overcome the obstacles they may face when managing credit risk management and outstanding debts. To work with Credit Risk Management Professionals worldwide to better the standards within the industry. Specialties: Experienced in working with many multi-national organizations. With diverse Risk Management training requirements working extensively in Asia Pacific. Rarely does anyone have the 28 years plus experience in the credit control field in Asia Pacific. Experienced in Collection Operations, Credit Risk Management, Credit Risk Assessment Analysis and Training. One of the few credit risk experts with Asia Pacific exposure in Hong Kong.less