Today, Sean Smith is back for essential strategies on financial management in transportation, focusing on payment collections and cash flow!

Beginning with the emotional challenges of collecting overdue payments, Sean emphasizes the importance of having clear contracts and payment terms at the beginning of customer relationships, setting up effective invoice processes, and implementing a professional reminder system to ensure timely payments.

Sean also talks about tools for monitoring customer payment patterns, like Denim's new custom cadences for collections automation, the value of maintaining equal business stature, and being prepared to sever ties with consistently late-paying clients for sustainable business operations!

About Sean Smith

Sean Smith, VP of Product at Denim, has spent 10 years building and scaling products in the financial services and logistics industries. While leading Product at Denim, he has pioneered new capabilities for the factoring space including risk automation and pricing. Sean has also led work on our client dashboard, job management and collaboration that have revolutionized the process and workflow for broker clients looking to save time on back office operations. He excels at combining his passion for technology with the ability to drive impact on a balance sheet.

Connect with Sean

• Website: https://www.denim.com/
• LinkedIn: https://www.linkedin.com/in/smithseanp/
• Twitter (X): https://x.com/smithseanp

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