A/R Management: Converting Receivables Into Cash
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Identify how to design an Accounts Receivable strategy that fits your business.Cash flow is the lifeblood of any business. Payments from customers are the major source of cash for most businesses. It would be much easier if all sales were paid in advance or at the time of product/service delivery (like in a retail store). Unfortunately, competitive markets demand that credit be extended to customers and this is where AR management becomes so important. This topic will provide you with industry proven tactics to enable faster collection of receivables.
John G. Salek, Revenue Management Associates, LLC
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