- Companies can attain real cost benefits by taking the opportunity to redesign, and thus enhance, their accounts receivable processes.
- These benefits can be achieved by improving the collection process, receipt and processing of receivables information, billing and invoice management, and by integrating accounts and automating processing activities.
- Cost savings can therefore be achieved and losses and delays
cut by increasing operational efficiency, and by leveraging more enriched and timely information.
- Through optimisation companies gain improved working capital management, operate more cost-effectively, and credibly differentiate themselves from
Managing the turnover of accounts receivable is an integral part of working capital management. Accounts...