How to Use Microsoft Dynamics NAV to Speed AR Collections, and Immediately Improve Your Bottom Line
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The results of shortening accounts receivable collections can be nothing short of astounding. A company with $10 million annual revenue and 60-day average collections cycle can improve its cash flow by 10% if it can shorten the cycle by just six days.
This white paper provides specific guidance for taking charge of accounts receivable, including: Eleven immediate steps you can take to remove internal impediments to timely customer payments;Collections management "best practices," including techniques for segmenting your customers so as to apply the most appropriate practices to individual customer accounts;How to devise an effective, and supported, collections strategy;More than 20 collection tactics, including ways to make the collection process effective and friendly.
This post was written by: Rahil Anouar
Rahil Anouar is a professional blogger, web designer and Linux user. Follow him on Twitter
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