What Havoc Has USPS Wrought?

The financially-strapped United States Postal Service has proposed eliminating next-day first-class delivery service in spring 2012 and switching to a two- to three-day delivery standard. The proposal has serious implications for accounts receivable departments and experts say now is the time to prepare. The change could impact collection cycles, slow invoice distribution, delay payment receipts, extend terms, increase days sales outstanding (DS0), and tie up working capital. Snail Mail's…