As 2024 winds down, New Zealand businesses are navigating a complex economic landscape marked by inflation, shifting market dynamics, and evolving global trade ties. To manage potential payment risks, many companies are increasingly using trade credit insurance to protect their receivables, both domestically and internationally.
We recently concluded our CreditWise Academy series, which saw fantastic participation from our audience. The brief, focused sessions offered practical insights into credit risk management, and the overwhelmingly positive feedback has inspired us to expand the series further. In 2025, we’ll introduce new topics designed to help you bolster your credit risk strategy, so stay tuned!
As we approach year-end, we advise clients to wrap up any outstanding collections. Closing out overdue accounts before 2025 begins will strengthen your balance sheet and position you for a successful start to the new year.
At NCI, we are dedicated to supporting our clients in making informed financial choices and thriving amid economic shifts. Thank you for your involvement with us this year, and here’s to a strong finish to 2024 and a successful year ahead.
Kind regards,
Zara
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