What the 2023 Banking Crisis Can Teach Accounts Receivable Leaders

Over a month has passed since the banking crisis that sent shockwaves around the world. As the dust begins to settle, experts are looking closely to see what can be learned from the catastrophic failure of organizations like Silicon Valley Bank (SVB).

What red flags were ignored? And how can similar failures be prevented?

At its core, analysts have uncovered a failure in risk management that left SVB vulnerable. Though it takes a different form, risk management is also at the heart of successful accounts receivable.

In this webinar, we investigated the warning signs that could have prevented the banking crisis and what they can teach AR teams.

Download the webinar to discover:

• Why experts say SVB and Signature Bank failed 
• How a well-crafted credit policy is essential to your financial safety 
• The ways customer and competitor data can help facilitate risk management
• Essential elements of a dunning process to protect against bad debt