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How and when we can realise a customer to become defaulter intentionally.
A customer with a history of default is a high risk, you can also look into a credit company that shows historical data for that customer.
Whether you have just a few or many thousands of customers, identifying which of these may be later payers, are high risk customers, or are at risk of going out of business, can be vital to success. Reducing your days sales outstanding (DSO) and bad debt can have a significant positive impact on your cash flow and available capital.
Use standard KYC rules (KYC) or use a third party like Dun&Bradstreet for credit information. Vendors may vary depending on your geographical location.
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