17 Things You Should Be Doing Right Now To Reduce Outstanding Accounts Receivable
There are many things that financial professionals feel they need to do. Many have seen their own departments cut to the bone due to some of the worst economic conditions in decades. Still, there are some fundamental and easily-deployed tactics that are sometimes forgotten in the rigmarole of daily activities – tactics and concepts that every credit department can use to reduce outstanding receivables.
This white paper highlights these 17 points with descriptions and suggestions related to implementation of each strategy and examples to illustrate how they can be integrated with manual and automated systems such as credit and collections management (CCM) applications.