Exports: A Growth Accelerator
Expanding internationally is a powerful way to grow your business, boost turnover, extend product life cycles, and reduce dependence on domestic markets. However, in today’s uncertain world, expanding globally requires careful preparation and a strong strategy to mitigate risks like customer defaults, late payments, and non-payment.
A Rise in Claims
In a challenging global economy—marked by geopolitical crises, persistent inflation, and slowing growth—the outlook remains uncertain. 85% of companies surveyed by Coface in 2024 reported late payments, and business insolvencies are on the rise globally. This trend is likely to continue into early 2025, making risk management crucial for businesses.