Collections Practices: How Are AR Departments Roping in the Cash?

It’s easy to send out a customer invoice—roping in the actual dollars is the tough part. But that’s exactly the mission AR departments are tasked with. Like superheroes, they must leap tall buildings in a single bound if that’s what it takes to collect the dough. In a study of collection practices involving more than 200 participating organizations across an array of company sizes and industries, IOFM got to the bottom of how AR pros are handling collections. Here is a smorgasbord of key…