Transforming The Bad Debt Into Cash Flow
Palaniandy, Magendran Pillai (2010) Transforming The Bad Debt Into Cash Flow. [Dissertation (University of Nottingham only)] (Unpublished)
The increasing amount of bad debt and uncollected accounts in the banks and other creditors have affected the cash inflow very badly. The transformation of bad debt into cash flow is vey crucial for daily business operation or for further expansion in the future. In view of the above, effective collection and recovery of bad debt strategies are very important for the business to be successful and mitigate losses.
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