8Insurance Business ReviewApril - June 2023TECHNOLOGY ENHANCEMENTS DRIVING INNOVATION IN TRADE CREDIT AND ACCOUNTS RECEIVABLEBy Michael Kornblau, Marsh US Credit Specialties Business Development Leader at MarshIn the early days of the COVID-19 pandemic, it became clear that liquidity would be a major issue for companies as the global economy slowed. Faced with severe working capital shortfalls, CFOs looked for liquidity in numerous areas, not the least of them being accounts receivable (A/R). Typically, A/R represents approximately 35 percent to 40 percent of a company's assets. Trade credit insurance can help a company protect these assets from losses IN MY OPINION
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