Back to Industry News
General
US FTC Investigates AI Bots from Tech Giants
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Dagens industri
Photo by Justin Ziadeh on Unsplash
Stay updated on stories like this
Key takeaways
- A sponsored article, produced by Dagens industri's Brand Studio in collaboration with Intrum, highlights the critical issue of poor cash flow impacting Swedish companies
- Despite an improving economic landscape, numerous businesses, especially small and medium-sized enterprises (SMEs), are experiencing liquidity challenges stemming from late payments
- Ola Laurin, CEO of Intrum Sweden, explains that companies frequently accept extended payment terms beyond their preferred limits to maintain client relationships
A sponsored article, produced by Dagens industri's Brand Studio in collaboration with Intrum, highlights the critical issue of poor cash flow impacting Swedish companies. Despite an improving economic landscape, numerous businesses, especially small and medium-sized enterprises (SMEs), are experiencing liquidity challenges stemming from late payments.
Ola Laurin, CEO of Intrum Sweden, explains that companies frequently accept extended payment terms beyond their preferred limits to maintain client relationships. This practice is corroborated by Intrum's European Payment Report, which indicates that 56% of Swedish companies engage in this behavior. Consequently, businesses effectively function as their customers' banks, immobilizing capital and impeding their capacity to meet expenses and invest in growth initiatives.
Intrum's article outlines its solutions for optimizing the payment process. Through services such as automated invoice management, intelligent digital distribution, and prompt payment reminders, Intrum assists its clients in accelerating payment collection. This strategy aims to enhance cash flow and liberate capital without compromising customer relationships, thereby equipping businesses with the financial stability necessary for expansion.
Related Topics
FTCAIRegulationTechnology GiantsOpenAIAlphabetMetaSnap
Never miss stories like this