Payment and foreign exchange
One of the biggest challenges is certainty of payment and the time it takes to get paid (given long international shipment and payment terms) when expanding beyond your home market
Currency management advice for companies trading internationally – Halo Financial
(First published in COBCOE Make Europe Work! magazine Summer 2016)
Do not underestimate the impact of sending and receiving from abroad on your bottom line
Protection against the risk of non-payment is essential
The emergence of technology provides a new type of risk management for trade credit insurance.