Week 11 (Day 7): Dealing with Late Payments

Managing Cash Flow

Mar 16

Congratulations on completing Week 11 of our Financial Management Series! Let's recap what we have covered.

Week 11 Recap: Dealing with Late Payments

Facing the Late Payment Challenge: Reflecting on your experiences with late payments.
Understanding the Causes of Late Payments: Unveiling the reasons behind delayed payments.
Strategies for Preventing Late Payments: Building proactive measures against late payments.
Navigating Late Payment Conversations: Tackling discussions about late payments.
Implementing Late Payment Policies: Establishing fair policies for timely payments.

It's reflection time! Take a moment today to reflect on what you learned during Week 11.

Reflective Questions

How have your perceptions of late payments evolved this week?
Which preventive strategies resonate most with your business goals?
How do you plan to implement these strategies to create a smoother payment process?