In business, your success is intrinsically linked to that of your customers. Protecting your company against the risk of a customer becoming insolvent is therefore crucial for your financial well-being and future growth. When a client can no longer meet their payment obligations, it triggers a chain reaction that puts your cash flow, profitability, and stability at risk.
A reactive approach is not enough. A comprehensive insolvency protection strategy involves proactive prevention, early detection, and a robust safety net. This guide will walk you through a multi-layered framework to safeguard your business from the financial impact of customer insolvency.