An Intelligence Approach to Improving A/R

Topics:
Payables and Receivables
Tags:
Accounts Receivable,
Performance Management,
Performance,
Penton Media Inc.,
Operational Accounting,
Intelligence,
Human Resources,
Finance,
Credit-and-collection Department,
Workforce Management
Source:
Penton Media

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Overview: Successful credit-and-collection departments are finding new ways to harness the information they gather to improve performance. This process requires finance executives to evaluate both individual performance and process efficiency. Because credit and collections are only two factors in the order-to-cash process, a comprehensive evaluation of account receivable (A/R) may also reveal external factors that affect this investment. As an ever-widening stream of data flows into credit-and-collection functions, companies struggle to organize and leverage the information. Those that extract intelligence from this deluge reap the benefits of improved accounts receivable performance. Read the article to apply intelligence approach to improving account receivables.

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Format: HTML | Date: Dec 1999 | Pages: 6

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