RECEIVABLE MANAGEMENT
The proper management of account receivables is a key element in the sustainable growth of a business. The failure to implement and adhere to strict account receivable practices risks cash flow deficiencies and, ultimately, the collapse of the business.
Edward has significant experience dealing with management of accounts receivable, particularly in the travel sector in Asia. He has advised clients on implementing proper receivable management practices and assist with monitoring these practices on an ongoing basis.
He has also provided assistance to companies in recovering cross border trade debts using an out-source model to localise recovery efforts. This greatly enhances the prospects of recovery while minimising recovery costs, allowing the pursuit of amounts which otherwise might be deemed uneconomical to recover.
Post Covid-19 period, Edward has paused work in this area.