Since May 2010 Honan Insurance Group has been a member of the International Benefits Network (IBN). The IBN is a network of independent employee benefits consultants in over 70 countries, providing members and their clients with global employee benefits expertise and promoting global standards in employee benefit consulting.
By extension of the International Benefits Network, you have a consultant who:
- Provides expert local advice
- Understands you, your organisation and its policies
- Has speedy access to specialist advice on current conditions internationally
- Can analyse your problem efficiently and develop recommendations
- Can implement an agreed solution utilising other members of the IBN to undertake the work, or put you in touch with other respected professionals such as accountants or lawyers in the appropriate countries
Protecting cash flow, guarding against late and/or non-payments from customers, and securing your company’s own creditworthiness is critical to business sustainability. This article looks at two key ways you can limit your liquidity risks: credit reports and trade credit insurance.
