Sluggish economic conditions, persistent inflation, and elevated interest rates are making it harder for customers—especially in sectors like construction and retail—to meet payment obligations. Many of us are seeing increased defaults or delays, which puts pressure on our credit evaluation processes and risk models.
How is your team adapting?
Are you:
- Revisiting credit policies?
- Leveraging alternative data sources?
- Enhancing real-time monitoring or segmentation strategies?
Let’s collaborate and share what’s working (or not). What data practices or tools have helped you stay confident in your credit decisions during these volatile times?
