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There is nothing like a common goal to unite people. With every member of your accounts receivable team working together for the same purpose - to secure the assets of the company - team members can
… Read MoreWhile there can be no serious doubt that automating key receivables functions delivers significant ROI and is critical to achieving competitiveness in the long run, it is useful to remember that
… Read MoreFor the 2011 National Business Ethics Survey:® Workplace Ethics in Transition, the Ethics Resource Center (ERC) randomly polled 4,800 employees across the country who met the following criteria:
… Read MoreCredit pros have heard the mantra a thousand times: it's critical for credit to forge a successful partnership with sales in order to control credit risk and maximize collection of accounts
… Read MoreBest Practices for Customer Invoicing1. The first thing that an invoice needs to achieve its mission is the right destination. Typically, invoices are sent to one of two destinations: the accounts
… Read MoreEvery AR manager should have a supplier-customer model defining where the inputs to the AR process come from and who the recipients of the outputs are. This is the first step in defining the
… Read MoreEmployees are an AR department's most important value-producing asset. They represent enormous wealth for an organization and their cost can exceed 40 percent of corporate expense.If employees don't
… Read MoreThe order-to-cash cycle lies at the heart of any business. From customers placing orders to paying for goods or services rendered, every step contributes to the company's bottom line. Errors, delays,
… Read MoreWhat are you waiting for?