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A company's Accounts Receivable is normally the
largest liquid asset it will ever have on its balance sheet. Protection of this asset should be vital to managers,
suppliers, insurance companies, and yes, even bankers. Prudent
controls and practices provide the confidence and desire for every one of these stakeholders to associate
themselves with a company. InRisk
Solutions Inc. provides the expertise to perform client customer credit assessments, as well as the review
of existing credit, risk, and A/R practices. Additionally, we can develop and recommend new policies and procedures, including
the creation of innovative securities, to gain new sales without limitation of only the traditional security forms
to backstop credit granting for A/R protection. Progressive
companies want credit to support sales with solutions that are innovative, creative, and have the ability to introduce
new credit security instruments such as Tri-Parti Agreements and Specified Funds Agreements. InRisk's management
has more than 30 years private industry experience in such sectors as North American oil and gas, power, international
telecommunications, construction, and various service sectors, providing innovative proven and creative solutions.
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Credit consulting in Calgary through InRisk Solutions provides
key advantages to a company by understanding the full impact of CVaR and the full spectrum of risk elements in
a Canadian and U.S. environment. Satellite credit and risk consulting may also provide clients with optionality. Consider this: If a company incurs a loss from a customer bankruptcy or receivership,
and is shown as unsecured on the list of creditors, unlike other industry competitors and business partners, this could
be seen as 'the tip of the iceberg' for their remaining A/R,
indicating credit practices and quality could be similar. As a result, business partners could potentially shy away
from future dealings without explanation. Importance should therefore be given to establishing proper policies and controls
for credit granting, risk quantification, monitoring, and collection practices. If a company also requires an enterprise wide risk management review, we can assist by quantifying basics
through to full policy implementation. InRisk Solutions can
help.
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