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I'm facing this problem Please help me In the hospitality industry, managing cash flow is a significant challenge due to delays in payments from hotels and other clients. Despite timely fulfillment of orders, the reliance on credit terms often lead

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SHIV DIXIT

Stealth • 5m

Without cheking your overall financial ,I am unable to help you properly but still i will tell you few things so firstly you need to offer discount to those who give payment to you in 15 days or less also Implement high charges on those who is giving late payment then take regular follow ups also establish good communication with your supplier . Automate every financial process also do strong contract with your supplier. You can also take short term loans . Diversification is really important so increase your revenue models and kick out your financial management employees

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