Download or read book Managing Accounts Receivable How 54 Sales Professionals Collect Past Due Accounts written by Bob Oros and published by Lulu.com. This book was released on 2015-02-22 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you're looking for a heavy duty book with tons of details, this book is not for you. However, if you want a quick read with the techniques that 54 real live sales people use to collect past due accounts this 70 page booklet will be helpful. This quick read makes an excellent tool to hand out to your sales team who typically don't like to be overloaded with too much information. While having a small accounts-receivable balance indicates good financial management, (around 1.5% to 2.5% of your gross income), collecting past-due balances is a difficult aspect of the sales process. Studies show that 75% of receivables that are 3 months delinquent are paid. However, this number drops to 56% after 6 months. Therefore your delay in collecting past-due accounts will reduce your chance of receiving payment.
Download or read book Accounts Receivable Management Best Practices written by John G. Salek and published by John Wiley & Sons. This book was released on 2005-10-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Accounts Receivable Management BestPractices "An excellent reference tool on how to manage the accountsreceivable process for any company. The use of real-life examplesmakes the concepts easy to understand. I recommend the book toanyone who wants to improve cash flow and reduce bad debtloss." —Michael E. Beaulieu, Senior Vice President, Finance CardinalHealth "Rather than simply explaining how to get the greatest returnfrom an investment in accounts receivable, John G. Salek revealshow companies shoot themselves in the foot when management setspolicies and procedures without consideration of the impact on cashflow. Accounts Receivable Management Best Practices isn't just forcredit and collection professionals who often spend more timecleaning up process errors and other corporate 'garbage,' insteadof managing risk. It should be required reading for C-levelexecutives, the sales staff, operations managers, and anybody elsewhose job impacts the order-to-cash cycle." —David Schmidt, Principal, A2 Resources Coauthor of PowerCollecting: Automation for Effective Asset Management "Enhancing a company's competitive profile is all about givingenough customers the right product, at the right price, at theright time. This author's real-world approach to accomplishing thisgoal through the prism of receivables management makes this book amust-read for those companies looking to make their mark as anorganization that cares about its customers as well as their ownneed to produce financial results." —Bruce C. Lynn, Managing Director The Financial ExecutivesConsulting Group, LLC "I have worked with John Salek since 1992, both as his clientand as a project manager working with his organization. Hisknowledge of receivables management . . . the technology, theprocesses, and the formula for success . . . are unsurpassed in thefield." —Stephen L. Watts, Manager, Global Receivables (retired)General Electric Medical Systems "Mr. Salek has written a masterpiece on the intricacies andmanagement of the accounts receivable portfolio. I would recommendthis book to CFOs, controllers, treasurers, credit managers, andsmall business owners." —Steve Kozack, Credit Manager Lennox Hearth Products "Written by an author who has been in the trenches and citesactual examples. This is not written in theory, but frompractice." —Milt Dardis, Collection Consultant Dardis &Associates
Download or read book Effective Receivables Management in an Economic Downturn written by Gerard Assey and published by Gerard Assey. This book was released on 2023-01-24 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last few years, saw many businesses enjoy a booming economy, and during these good times, it’s all too easy for businesses to get lax about receivables- with cash management often getting overlooked, taking a backstage, until it begins to pinch hard and feel where it hurts. Managing accounts receivables therefore must be a TOP priority for every business. At a time, when the world is full of negative statistics, warnings, and dire economic projections, and you know of a recession coming soon, or you just simply want to learn the strategies that can otherwise help you weather through any storm or tough time- this is the book! Credit Management is the heart of an organizations very survival. Many studies carried out on the growing sickness in industries & businesses reveal that BAD DEBT is the ONE major cause for bankruptcy. One cannot afford to take this area of credit control & accounts receivables management so lightly, as too many companies everyday are mounting with debts that are increasingly doubtful of recovery. A company can have the finest product, a superb sales record and the most dedicated workforce, but if it does not get paid for its goods, and on time, it will die. An unpaid debt is an unsecured loan being financed by your company. When you no longer control your debtors, the cost of financing your company's cash flow is at the mercy of those very same debtors. If a business wishes to survive and prosper in today’s economic environment it must pay close attention to all of this. Managing Credit and Collecting Money (your Accounts Receivables), on time, every time, therefore are the 2 most important and vital factors which decide the fate of any business! Predictions confirm that outstanding receivables will rise even more, thus making Accounts Receivables as a top priority for CFO's to enhance liquidity and optimize working capital. Unpaid invoices and past due receivables will cost a lot- enabling businesses to suffer in a number of ways and can even pull down the entire business. But a consistent and steady cash flow will keep businesses all oiled up and running smoothly enabling one to plan a future of growth including, expanding, hiring more employees, investing in other companies, diversifying product lines, and making one look good to investors and more. This book: ‘Effective Receivables Management in an Economic Downturn!’ would tremendously help you - by covering the necessities in credit, accounts receivables and cash flow management right from an understanding of how bad debt occurs with methods to prevent the same, through the steps of an effective collection call (both on phone and face to face) with emphasis on the importance of documentation, reports, procedures for systematic follow-up; including series of email letters and general tips for chasing your money too, especially in these precarious times, by encouraging proactive methods! By the time you finish reading the book, you would have learnt to manage credit, using planned preventive measures (the most vital part!), would have learnt to develop a complete systematic collection program, gained confidence in collecting your receivables and have acquired several new ideas for immediate use, including taking back an Action Plan which can be put to immediate practice. The book is intended to help everyone whose responsibility includes collecting money from customers- for any type of business, the small or big businesses, the credit control and accounts receivables personnel, as well as every businessman/ manager or for those who would just like to increase their knowledge, as almost every organization today is faced with this major problem, especially during these down times- to eventually help survive and thrive into the future, by enabling businesses successfully navigate the uncertainty and outperform the competition- emerging profitable and victorious!
Download or read book Credit Sales Accounts Receivable Management written by Gerard Assey and published by Gerard Assey. This book was released on 2023-02-03 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many businesses often get too caught up with generating more sales, that they begin to get lax about receivables- with credit sales, receivables and cashflow management often getting overlooked, taking a backstage, until it begins to pinch hard and feel where it hurts. Managing your credit sales and accounts receivables therefore must be a TOP priority for every business. Credit Management is at the heart of an organizations’ very survival. Studies carried out on the growing sickness in industries and businesses reveal that BAD DEBT is the ONE major cause for bankruptcy. One cannot afford to take this area of credit control and accounts receivables management so lightly, as too many companies everyday are mounting with debts that are increasingly doubtful of recovery. Managing Credit and Collecting Money, on time, every time, therefore are the 2 most important and vital factors which decide the fate of any business! Predictions confirm that outstanding receivables will rise even more, thus making Credit Sales and Accounts Receivables as a top priority for CFO's to enhance liquidity and optimize working capital. 'Credit Sales & Accounts Receivable Management’ would thus help you- by covering the necessities in credit sales, accounts receivables and cash flow management right from of how bad debt occurs with methods to prevent the same, through the steps of an effective collection call (both on phone & face to face) with emphasis on the importance of documentation, reports, procedures for systematic follow-up; including series of emails & general tips for chasing your money too, especially in these precarious times, by encouraging proactive methods! A must book for every Sales Professional, Credit Control, Accounts Receivable and Collections Professional!
Download or read book Where s My Money written by Stu Woolley and published by . This book was released on 2013-03 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-the-trenches expose of accounts receivable management and why it matters to your profit-seeking business. In today's tough economy, many businesses flounder because they fail to police their accounts receivable and collect past due accounts. Simply put, managing cash-flow is a business essential. There's no turning a blind-eye to effective cash-recovery, except at your own risk. To this end, Stu Woolley has written Where's My Cash?!, an engaging, encouraging, easy-to-read D.I.Y. book to help business owners optimize the difficult but vital task of dealing with unpaid invoices and slow-paying customers. Written in an entertaining and digestible style, Where's My Cash?! offers a step-by-step program that teaches you how to patrol overdue accounts, get paid sooner than later and stabilize customer relations with your good and not-so-good clients. Filled with amusing and instructive anecdotes from Stu's long career as an accounts receivable practitioner, illustrative examples drawn from real-life business episodes make Where's My Cash?! a unique receivables primer that's simple for readers to follow, implement and profit from.
Download or read book Credit Sales Accounts Receivable Management written by Gerard Assey and published by Gerard Assey. This book was released on 2023-02-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many businesses often get too caught up with generating more sales, that they begin to get lax about receivables- with credit sales, receivables and cashflow management often getting overlooked, taking a backstage, until it begins to pinch hard and feel where it hurts. Managing your credit sales and accounts receivables therefore must be a TOP priority for every business. Credit Management is at the heart of an organizations' very survival. Studies carried out on the growing sickness in industries and businesses reveal that BAD DEBT is the ONE major cause for bankruptcy. One cannot afford to take this area of credit control and accounts receivables management so lightly, as too many companies everyday are mounting with debts that are increasingly doubtful of recovery. Managing Credit and Collecting Money, on time, every time, therefore are the 2 most important and vital factors which decide the fate of any business! Predictions confirm that outstanding receivables will rise even more, thus making Credit Sales and Accounts Receivables as a top priority for CFO's to enhance liquidity and optimize working capital. 'Credit Sales & Accounts Receivable Management' would thus help you- by covering the necessities in credit sales, accounts receivables and cash flow management right from of how bad debt occurs with methods to prevent the same, through the steps of an effective collection call (both on phone & face to face) with emphasis on the importance of documentation, reports, procedures for systematic follow-up; including series of emails & general tips for chasing your money too, especially in these precarious times, by encouraging proactive methods! A must book for every Sales Professional, Credit Control, Accounts Receivable and Collections Professional!
Download or read book The Successful Professional Client Accounting Practice written by Carl S. Chilton and published by . This book was released on 1983 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effective Collection Methods and Control written by National Retail Merchants Association. Collection Methods Committee and published by . This book was released on 1962 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting written by Paul D. Kimmel and published by John Wiley & Sons. This book was released on 2018-12-27 with total page 1506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting: Tools for Business Decision Making, 7th Edition is a two-semester financial and managerial accounting course designed to show students the importance of accounting in their everyday lives. Emphasizing decision-making, this new edition features relevant topics such as data analytics as well as the time-tested features that have proven to be of most help to students.
Download or read book Credit Management Handbook written by Cecil J. Bond and published by McGraw-Hill Companies. This book was released on 1993 with total page 828 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your credit department has to contribute significantly to your company's monthly cash flow. If it doesn't, your company must borrow from banks to supplement receivables - and that means your cost of doing business goes up. Credit Management Handbook helps ensure that your credit department delivers the goods and pumps the required cash into your company's cash flow pipeline by showing you how to screen, select, and monitor accounts more effectively and how to upgrade your collection efforts. With practical answers to virtually every credit management problem you might encounter, this self-contained volume provides you with the tools to enhance you and your department's value to the company. Each of the 31 information-packed chapters in the Handbook addresses a vital credit function, with coverage augmented by more than 100 of the most important forms, sample letters, reports, and exhibits for managing credit sales. Numerous examples illustrate how to apply the book's practical advice to everyday decision making. Ample cross-referencing among sections, subsections, and topics and an extensive appendix help you quickly locate answers to specific questions. With this self-help guide at your side, you'll learn how to establish a flexible credit policy tailored to meet the needs and goals of your company; better organize and operate your department to increase its overall effectiveness; sharpen your ability to gather credit information; improve credit decision making, minimize the number of poor risks, and prevent losses; monitor ongoing accounts more effectively; implement various collection techniques that maximize receivables; reap the rewards and avoid the pitfalls involved ininternational credit sales; use appropriate provisions of the Uniform Commercial Code to safeguard goods, property, and accounts receivables assets; and achieve secured creditor status to protect your receivables in the event debtors file for bankruptcy under Chapter 11. Credit Management Handbook also offers numerous how-tos for short- and long-term contingency planning to protect your receivables against the effects of inflation or deflation and outlines strategies for hedging credit exposure against the short- and long-term effects of recession or depression. Whatever the current economic climate, whatever the size of your company, Credit Management Handbook is a one-stop resource to help you maximize the flow of internally generated cash - and help ensure your company's long-term growth.
Download or read book The Administrative Dental Assistant E Book written by Linda J. Gaylor and published by Elsevier Health Sciences. This book was released on 2011-11-28 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stay on top of the latest industry advancements, technology, and skill sets with The Administrative Dental Assistant, 3rd Edition. This comprehensive textbook delivers all the latest information and skill practice you need to succeed in the paperless era: technology, forms, and equipment in use today; up-to-date coding information; HIPAA and OSHA guidelines; functions of the dental business office; communication and critical thinking exercises; and in-depth instruction for completing common tasks such as scheduling, bookkeeping, electronic record regulations and insurance coding. A companion workbook and online tools offer interactive games, identification exercises, daily task simulations, and practice management software to supplement your text learning, polish your skills, and prime you for a successful career in the modern dental office.
Download or read book Code of Federal Regulations written by and published by . This book was released on 1991 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt: Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.
Download or read book The Code of Federal Regulations of the United States of America written by and published by . This book was released on 1990 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.
Download or read book Professionalism Legal Considerations and Office Management written by Ethel M. Earl and published by . This book was released on 1980 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Collection Management Handbook written by A. Michael Coleman and published by Wiley. This book was released on 2003-12-08 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: You don’t have to be gifted to be a great credit collector. All you need is a desire to learn from the best.. . . and that’s the level of expertise this exhaustively researched volume puts right at your fingertips. The Collection Management Handbook puts you on the fast track to becoming a debt recovery dynamo. Drawing on actual cases from the collection industry’s top achievers, this expanded edition redefines collection methodology. Focusing on multiple avenues of strategic creditor recourse, it goes beyond yesterday’s dunning notices, showing you how to extract money from the most hard-to-reach nonpaying customers. Order your copy today!
Download or read book ACCT3 Financial written by Jonathan Tyler and published by Cengage AU. This book was released on 2018-09-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: ACCT3 Financial is the Asia-Pacific edition of the proven 4LTR press approach to financial accounting, designed to enhance students learning experiences. The text is for teaching students learning the preparers/debits and credits approach and is presented in an easy-to-read and accessible style. Concise and complete new data and case studies from the Australian branch of CSL have been included as well as fully updated content. This new edition also includes a strong suite of student and instructor resources, including CourseMate Express, to enhance student learning and revision.
Download or read book Handbook of Global Supply Chain Management written by John T. Mentzer and published by SAGE Publications. This book was released on 2006-09-14 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the-art Handbook provides a comprehensive understanding and assessment of the field of global supply chain management (GSCM). Editors John T. Mentzer, Matthew B. Myers, and Theodore P. Stank bring together a distinguished group of contributors to describe and critically examine the key perspectives guiding GSCM, taking stock of what we know (and do not know) about them.
