Strategic Collections: Process Efficiency and Tactics to Drive Superior AR Performance (OnDemand Webinar)

$149.00

SKU: 410776EAU

Description

Optimize cash flow and working capital for your enterprise by applying the best collection strategy to each customer.Commercial collections are complicated by the variety of your customers’ needs. Corporations need to be handled differently than momandpop operations. Likewise, growing firms and distressed companies present different sets of challenges than stable enterprises. It also matters whether you are selling a commodity or a custom product, as well as the status of your production capacity.This topic will help you better understand your organization’s collection environment. By being able to recognize the weaknesses and pitfalls in your current collection process, you can then take steps to collect more overdue funds faster. Cash is king, and underperforming collection organizations put the entire enterprise at risk in today’s competitive marketplace.

Date: 2023-06-26 Start Time: End Time:

Learning Objectives

Creating Time for Collections

Understanding Collections Relationship to the Other Elements of the Order-To-Cash Process

Building an Efficient Collection Process

Eliminating the Obstacles That Hinder Collection Efficiency

Monitoring Collection Performance

Monitoring Collector Workloads

Why Collections Get Knocked off Track and How to Stop It

More Tips for Enhancing Collection Performance

David Schmidt-Ferguson Calder LLC, dba A2 Resources