Coping With Late Payment – Managing Asia’s Slow Payers
YoungUpstarts
DECEMBER 22, 2014
DSO is the average number of days that a company takes to collect revenue after a sale has been made. A bank wire is not always a convenient mode of payment, especially for customers in China who do not use internet banking. In an economy where 50 per cent of exports are traded on an open account (i.e. Automated reminders.
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