There are quick fixes and long-term solutions. Both options have their place and the right choice depends on what you need. Automating with the right tools will transform your SSC from a transactional hub to a place that adds serious value back to the board fast and will keep doing so in the long-term. So you don’t have to make that decision.
De start van het nieuwe jaar laat een forse stijging van het aantal wanbetalers zien. Het aantal openstaande facturen dat de vervaldatum is gepasseerd is flink gestegen.
The National Association of Credit Management (NACM) warns credit professionals that a record-breaking $2 trillion of U.S. corporate debt will be coming due in the next five years and therefore you should be “on guard and prepare for any contingency”.
One of the problems that face businesses that are looking to put in place change is the way in which they are siloed. This is why a wider stakeholder team need to be engaged with payments – a multi-departmental approach can make the difference between success and failure.
By repositioning accounts receivable as an integral part of the organisation substantial improvements can be made business-wide. Changing the way credit management is perceived and worked with in your organisation isn’t an overnight process.
Input van andere afdelingen binnen jouw bedrijf helpt jou om je werk beter te kunnen doen. Uiteindelijk werken jullie allemaal aan het zelfde doel! Maar hoe bundel je de krachten en maak je van samenwerken iets vanzelfsprekends?
We all know that management is not just looking for a big stack of finished reports sitting on their desks. What they really want is money in the bank to pay suppliers and paychecks. So figure out your priorities and get to work.
Client complaints can lead to difficulties in your order to cash department. In case you run into a contractual dispute check out these tips to help you get the situation resolved as quickly as possible: