
When late payments haunt your balance sheet
Hunting down late payments is a headache for any corporate, but some internal control policies may help ease the pain.

American businessman Chris Chocola famously said: “One of the earliest lessons I learned in business was that balance sheets and income statements are fiction; cash flow is reality.” His remark points to the most prized day-to-day metric of any corporate treasurer: ready currency.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior financial professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters


