Pay-If-Paid clauses tend to be a contractual issue specifically affecting businesses in the construction industry. It is rare to see them elsewhere, simply because this is almost one of the only industries where a product is worked on by many different people subcontracted out. A pay-if-paid clause can affect everyone downstream of a contract, stating
What is the overall goal of credit and collections? Simply put, it’s to regularly turn invoices into cash within the payment terms; but it’s not that simple. Most companies have to reach smaller incremental goals in order to reach their overall goal of reducing accounts receivable and increasing cash flow. Without working towards and celebrating
As we head towards the summer, more and more tradeshows and conferences begin to take shape, such as Sage Summit and Epicor Insights. These conferences are not only a good way to expand our education in our industry, technology or how we do business, but they are a great opportunity for us to start networking.
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