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5 Good Reasons for Ramping up Your Receivables Management

Sponsored by Hanse Orga
Published on 4/18/2016

Cash flow is the lifeblood of every corporation. Creating positive cash flows is essential in running a successful business. It is the sales process of the organization that is usually the focus for creating cash flows, however, just as important, is Accounts Receivable. If your sales goals are met or exceeded, that’s great. But unless your company sells over the counter and receives its cash immediately, as in the case of retail or supermarkets, inherent risks of receiving your cash late, incomplete, or in some cases, not at all, are apparent if your receivables management is not in order. Cash recovery from customers tends to be a secondary task, but in actuality, it is a vital area that attributes to the company’s lifeblood: cash.

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