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Most of the Czech businesses polled opted to manage customer credit risk internally. However, and despite their efforts, many were not successful at containing year-on-year increases in DSO.
Amid predictions of growth, businesses surveyed in Poland reported having struggled with rising credit management and debt collection costs in recent times.
Businesses polled in Romania favoured the surety of cash sales this year. However, this put them at a disadvantage in a global market place where credit terms are a competitive tool.
Most of the businesses polled in Slovakia reported a decline in late payments. This highly reflects the widespread adoption of credit insurance amongst local businesses polled.