Businesses turn to trade credit insurance

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The economic toll of the COVID-19 pandemic is incalculable. The World Bank estimates the world economy shrank by 4.3% in 2020, a setback matched only by the Depression and the two world wars.

Silvia Ungaro, a corporate communications manager at Atradius goes into detail on Western Europe's struggle with late payments seen in the Payment Practices Barometer results. Ungaro also discusses credit-management tools, trade credit, and maintaining adequate cash flow levels. To read the full article from Supply Chain Brain click here.