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Author: Jon Birk
Managing Credit, Receivables and Collections
- "Credit departments exist," says Tom Corbett, a Creditek vice president, "to increase sales while minimizing bad debt." It sounds simple enough, but as those who toil in this profession know far too well, it rarely is.
Publisher: Institute of Management and Administration
Author: Mary Ludwig
Plugging the Black Hole of Deductions
- Although only a small percentage of deduction claims are illegitimate, failing to recover those sums dilutes profits over time. Good recordkeeping and efficient systems can help, but the key to recovering all payments you’re due is minimizing opportunities for deductions to occur.
Publisher: Businessfinancemag.com
Author: David Schmidt
Post-Acquisition Receivables Blues
- Caught up in the hype of a merger or acquisition, senior executives often gloss over the challenges inherent in merging A/R portfolios. But problems with receivables can eat into the cash flow — and future revenues — of a newly formed company.
Publisher: Businessfinancemag.com
Author: David Schmidt
Receivables Management in an 'E' World
- What new capabilities should companies look for in credit and collection managers? Creativity, technology know-how, problem-solving and relationship-building skills are at the top of the list. And accounting majors are not always the hot ticket these days.
Publisher: Businessfinancemag.com
Author: David Schmidt
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