The AR Pro’s Guide to Credit and Collections Management

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Credit and collections management means more in times like these.

Effective credit and collections management:

  • Helps ensure timely payments
  • Reduces the likelihood of bad debt
  • Keeps cash flow stable even when external conditions are volatile

Proactive risk management allows businesses to adjust credit terms, require additional guarantees, or implement stricter collection strategies to minimize financial exposure.  And a balanced approach to credit and collections management fosters customer goodwill and positions a biller as a good partner.

But what are the best approaches to credit and collections management?

IOFM’s latest white paper provides finance pros with a guide for optimizing credit and collections.

The strategies you’ll learn in this invaluable white paper will help your organization protect its cash flow, mitigate risk, and maintain strong customer relationships – no matter the economy.

If you want to optimize your credit and collections processes, download this white paper today.

 

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AP CertificationPP-OC_seal_APP_outline.FNLReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

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