Credit professionals play a crucial role in any business,
ensuring that both the risks of defaulting on contractual
obligations are managed, and that payment of goods or services are
received in a timely manner.
The Australian Institute of Credit Management (AICM) is a member
body for commercial and consumer management professionals formed
with the goal of helping their members, partners, government, other
related bodies and the business community to succeed in
credit-related matters.
The AICM has released their Risk Report 2023 (Report) which
provides a succinct and useful insight on how recent and future
economic conditions are impacting credit professional's
abilities to manage risk and ensure a business is paid promptly for
their services. The Report draws on survey results collected from
AICM members and Certified Credit Executives.
