Apr 3, 2017
Have you contacted your clients to ascertain their debtors' days outstanding? How many of your clients have debtors' days outstanding similar to the average figure determined in a worldwide review that identified Australia as having the “longest debtors' days outstanding in the World”?
The review, covering 80 countries, determined that Australia had an average debtors' days outstanding of 56.4 days which was substantially higher than any other country!
This is a national disgrace!