Alpha & Leader Shared the Experience of Rapid Recovery of Accounts Receivable with Startups in Incubation Park for the First Time

On July 12, jointly organized by Mianyang Green Organic Industry Association (Chamber of Commerce), Mianyang Business Incubator Park and Alpha & Leader for the first time, the seminar of "how to fast recover accounts receivable" was successfully held.

In foreign countries, business incubation parks have a relatively long history with the incubation mode that has become mature and won the favor of many entrepreneurs. China's economy is gradually integrating with the world. As an emerging industry attracting foreign investments in China, incubation park becomes more and more popular throughout the country. Nowadays, almost every big city has one or more incubation parks. Incubation park is chiefly designed to provide fledgling startups with various supports, including relevant training in addition to office places. Alpha & Leader has been promoting credit control in China for a long time and its customers come from all walks of life. The consciousness of risk control is particularly important to emerging industries. In this seminar, Alpha & Leader came to know incubation park for the first time and provided training to the startups in the park on "how to fast recover accounts receivable".

Through this exchange, we found that the startups, just like other medium-sized enterprises, have capital problems such as difficulty in recovery of accounts receivable. The recovery cycle of accounts receivable is even the decisive factor for the survival of the startups. Time is the key point in collection work. Alpha & Leader has a deep understanding in this respect. With rich experience in collection of business receivables, Alpha & Leader aims to assist the startups in handling problems for accounts receivable as early as possible so as to prevent accounts receivable from deteriorating into doubtful and bad debts.