How To Measure Your AR Collections Productivity

When was the last time you measured your AR collections productivity? It is likely that many AR pros are not even aware of how to do so, or what benchmarks exist to measure their collection productivity against. A very effective metric does exist for measuring your AR department’s collections productivity: the Collection Productivity formula, developed by the nonprofit Credit Research Foundation (CRF). CRF defines collection productivity as “the measure of the efficiency with which a company’s…