Fastener company financial managers are encouraged to attend.
In this workshop, we will discuss maximizing cash flow, the financial implications of sales agreements, providing effective customer financial services, proper determination of credit limits and prudent risk management.
We will also review the effective open account credit evaluation techniques, when to seek third party help in recovering receivables, bad debts, and what alternatives are available when customers file bankruptcy, dissolve or go out of business. These issues continue to challenge companies as they seek to expand market share.
We will also have roundtable discussions on these topics as well as a variety of other important industry and critical business topics. In the roundtable discussion, you will be able to the exchange information, ideas, industry best practices, risk analysis procedures, timely handling of bankruptcy law procedures, fighting preference demands and comparing payment habits of those purchasing from fastener industry suppliers.
Avoiding unnecessary risk, effectively managing cash and knowing what your options are in dire situations is critical to your company’s health, stability and profitability.