February 2018EKONID NewsGerman Desk: "Leasing Solutions for German/European Equipment", EKONID news 2/2018 Click below to open the press article: PDF file icon German Desk: "Leasing Solutions for German/European Equipment", EKONID news 2/2018
Matching experiences and skills of a candidate with your job requirements is usually the easy part. A job interview clarifies, if the appearance and mindset matches with your expectations. But how do you evaluate a candidate’s potential performance? Or in practical words, are you sitting in front of the new shooting star or rather a mismatch? To answer that question, it's necessary to understand a person’s working behavior and cognitive strengths. Recruiters will agree that these variables can hardly be covered by analyzing résumés or snapshots in form of an interview. Nevertheless, it is crucial to avoid bad hires in order to ensure fruitful work relations in long term. Otherwise, employees may follow the next best job offer from another company, taking with them all…
Payment terms and account receivables are always a topic when strategies are internally discussed how to increase sales and do more business with existing or new customers. Extending payment terms to longer tenors or increasing supplier credit lines are often requested by customers - but granting that has three major impacts: The cash flow will be delayed and many suppliers don't have the liquidity or credit lines to allow such extended credit terms. The longer the payment terms the higher the risk that in the future the customer cannot pay and will default as he will use the revenues from his customers not to pay the supplier but will use the funds for other purposes. Higher credit limits increase the risk of higher losses in…