When you're out looking for information on how you can improve your accounts receivable performance, you can get inundated with information on automated accounts receivable software. This company claims you can save this much
INTRODUCTION Collaboration and continuity are two extremely important parts of running an accounts receivable department. So, what exactly do we mean by collaboration and continuity? These two words can hold a lot of meaning, so
They say the definition of crazy is doing the same thing over and over again and expecting a different result. Sometimes we get stuck in a rut in our daily
Using and Choosing Collection Agencies Introduction Using a collection agency is an investment in your business. Considering your accounts receivable is one of your largest assets, insuring that you get all of what is
INTRODUCTION Often times when collecting on accounts receivable we can end up in a rut. We collect what we can from the same accounts every month and complain about those that continually give us a
INTRODUCTION Most ERP systems contain some type of accounts receivable module, but they are not always a very robust system. Often times, they leave a lot to be desired. This isn't exactly the type of
INTRODUCTION As an accounts receivable professional, it can be overwhelming to come into work everyday and see a mass of calls, emails and overdue accounts that you have to deal with. Where do you even
INTRODUCTION Days sales outstanding is the key performance indicator of most businesses for the accounts receivable department. But is it really the best metric to give an all encompassing view of one of the largest
When creating accounts receivable emails, whether they are new customer welcome emails, collection letters, reminder emails or past due notices, sometimes collectors can get stuck in a rut. You’re sending so many emails a
INTRODUCTION Often times we get so caught up in the day to day activities of our accounts payable work that we forget about our continuing education. As collection representatives, it’s important to keep up to
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