Create the Perfect Accounts Receivable Picture
Does This Picture Make My A/R Function Look Bad?
If you took a picture of your accounts receivable (A/R) function, would the resulting snapshot reveal unflattering truths about your order-to-cash processes? To make your accounts receivable picture-perfect, you might need to:
- Focus on invoices with the highest dollar amount
- Highlight the delivery status of invoices to determine which have not been delivered - and why
- Clear out the clutter to direct team members to the most important activities
Photoshop won't help you fix these issues - but a customer-led electronic invoicing/distribution system will. Read the Spend Matters white paper Every Picture Tells a Story. What Story Does Your Accounts Receivable Data Tell You? to find out how your accounts receivable function can become camera-ready every day!