Navigating the Consequences of Payment Flexibility in Business Operations

Is Payment Flexibility Hurting Your Business in Ways You Didn’t Know?

As businesses strive to meet the evolving needs of customers and stay competitive, they’re increasingly turning to payment flexibility options. While it’s understandable that companies want to accommodate their clients’ varying financial situations, the consequences of adopting flexible payment practices without proper consideration are far-reaching and potentially detrimental.

In fact, embracing payment flexibility can lead to unexpected challenges that can hinder growth and profitability.

Source: www.forbes.com