Managing Credit in 2025 - Protecting Sound Cash Flow and Long-Term Profit

Managing Credit in 2025: Protecting sound cash flow and long-term profit

If you want to (or must) make changes to the way you send reminders to your defaulting customers, it is important to communicate to everyone involved why you are doing this. If your employees and your customers can understand and comprehend what your motives and objectives are, then the changeover will be quicker and require significantly less effort.

What will the year 2025 bring? Where does the European economy currently stand, and what are the implications, particularly for credit management? As we embark on a new year, we remain hopeful, yet we must confront the emerging realities. Discover the insights of the FECMA President as he reflects on the present and contemplate the future.

It is clear that FECMA welcomes all initiatives to combat late payments – which is in fact in line with our vision & mission. In that context it also became clear that a unified approach may be very attractive, but considering the diversity of businesses which shape the specific payment patterns a ‘one size fits all’ approach may not always be the best solution over all industries and countries.

FIGEC and AFDCC report as a part of a common desire to pursue a commitment to the professions related to the issue of payment terms.

Doing business may not be the easiest task, especially when the economic outlook is bleak and the economic indicators are unpredictable and instable due to various factors!

The purpose of the study is to collect evidence and provide inputs on a series of possible actions aimed at fostering the effectiveness of the Late Payment Directive (2011/7/EU).

The Payment Study, published with data up to 31 December 2021 is aimed at outlining the international picture of payment practices, with particular focus to post COVID-19 scenario.

We know that trade credit insurance is an important service that our members offer around the world. Trade receivables are one of the largest components in most companies’ balance sheets. During difficult economic times, demand for the protection offered by ICISA members rises as expectation of counterparty defaults grows.

According to Intrum the delay IN payment in France has increased to 17 days in 2022 vs 11 in 2021; 83% of the french companies have accepted that to avoid a risk of bankruptcy . 77% to sustain their commercial relations with their providers. it's anticipated that the situation in Ukraine will worsen this delay.

This slideshow presents the broad overview of business performance in Poland in the light of SARS-Cov-2 pandemic and subsequent countrywide lockdown.

European countries are lifting corona virus containment measures and gradually returning back to the ‘new norms’ in doing business, all working and focusing on the economic recovery. But what does this mean and entail for businesses, especially the SMEs which are more vulnerable and are struggling to survive and recover from this deep economic crisis, with some of them experiencing complete shutdown of their business for a number of weeks? Are these businesses ready to adapt to the new real?

Education is the foundation of both professionalism and best practice in credit management, and the credit management qualification awarded by CICM is a world leader in the field.

Industry Survey Results conducted by MACM on Construction sector

This slideshow presents the broad overview of business performance in Poland in the light of SARS-Cov-2 pandemic and subsequent countrywide lockdown.

Industry Survey Results conducted by MACM on Automotive sector

AFDCC report on large measures delivered to support firms deaply touched by impact of Covid 19 in France

Industry Survey Results conducted by MACM on FMCG sector

The Covid-19 pandemic is not only unprecedented but it is having a huge impact on the global economy, with leading economists predicting more disruptions in the supply chain, remarkable shrinking economies in 2020, high rise in unemployment which would lead to social unrest, and financial future consequences of the unpredictable high budgets allocated to the NHS by every country in order to fight this virus, to name some few.