Part 2 of a 7-part series on the Net Terms EconomyLast week we took a 30,000 foot view of the Net Terms Economy and saw how both buyers and sellers in the B2B world are facing tough challenges.
Fundbox, a leading fintech company, says one of the biggest challenges of the Net Terms Economy is it leaves $3.1 trillion in outstanding invoices on the table.
And, regardless of qualifying a buyer for net terms and the agreement to pay on time, at the end of the day, sellers are still hurt by offering net terms because it locks up their cash flow that could be used to accelerate growth.
But getting paid late is not the only challenge sellers living in the Net Terms Economy face.
Next up: we’ll look at the challenges faced by buyers living in a Net Terms Economy. | To read full story, visit https://startuparound.com/read/1574451008.8047416/The-Challenges-of-Offering-Net-Terms?ref=audio_experience