Companies strengthen collections, aim to get cash in the door as threat of recession looms

wsj

5 min read . Updated: 21 Dec 2022, 06:49 PM IST KRISTIN BROUGHTON, The Wall Street Journal

AFP

Some companies are receiving requests from customers for extended payment terms, CFOs say

Companies are stepping up efforts to collect on their bills and get cash in the door, aiming to limit future write-offs ahead of a potential recession.