Freddi Bad debt recovery is the process of recovering payments from customers who have failed to pay their invoices. This can be done through a number of methods, including sending reminder letters, making phone calls, or using a debt collection agency. When a customer fails to pay their invoice, it becomes a bad debt. This can … Read more
A credit cycle is the natural ups and downs of the economy as measured by the expansion and contraction of credit. The business cycle is popularly thought to include four phases: expansion, peak, contraction, and trough. The expansion phase is characterized by increasing economic activity and credit creation. This results in higher asset prices and … Read more
A certified treasury professional (CTP) is a finance professional who has met the standards of excellence set by the Association for Financial Professionals (AFP) and has been awarded the CTP designation. The CTP designation is recognized as the premier certification in the field of treasury management and is held by treasury and finance professionals around … Read more
