FINANCIAL

 Financial Considerations for Running Your Organization

Net 30 Payables – An Interesting Concept 

Businesses have been operating on a Net 30 basis for decades yet some companies are trying to force their suppliers to Net 45 or Net 60 days on paying invoices.  Steve Gilbertson of Electramatic, Inc. talks about the devastating impact to the supply chain and how this approach is contributing to the credit crunch and our recession.