Convert Accounts Receivable to Cash Fast

Convert Accounts Receivable to Cash Fast

Dec 2 '20 1:00pm - Dec 2 '20 2:00pm @ Online, Leawood
Conference
Why Should You Attend
Are you under pressure to reduce DSO and past due AR now? Is your Credit Department unsure of how to achieve this quickly? Are they careening from one crisis to the next? Is their only solution to add more staff?
Learn:
» The key actions that can be implemented within two weeks which will yield results within 2 to 3 months.
» Six short term initiatives which will drive results in the short term
» Two medium term actions which will generate results even before full implementation.
At its worst, collections can be a reactive process, focusing efforts on: (a) receivables in danger of becoming uncollectible (bad debt), and (b) past due receivables which have triggered a “hold order” condition. These categories of AR can be a relatively small portion of total AR, leaving the bulk of the AR under worked.
Generation of a quick improvement in AR metrics is dependent on a laser focus on activities that will drive short term results, and a minimization of effort...
Why Should You Attend
Are you under pressure to reduce DSO and past due AR now? Is your Credit Department unsure of how to achieve this quickly? Are they careening from one crisis to the next? Is their only solution to add more staff?
Learn:
» The key actions that can be implemented within two weeks which will yield results within 2 to 3 months.
» Six short term initiatives which will drive results in the short term
» Two medium term actions which will generate results even before full implementation.
At its worst, collections can be a reactive process, focusing efforts on: (a) receivables in danger of becoming uncollectible (bad debt), and (b) past due receivables which have triggered a “hold order” condition. These categories of AR can be a relatively small portion of total AR, leaving the bulk of the AR under worked.
Generation of a quick improvement in AR metrics is dependent on a laser focus on activities that will drive short term results, and a minimization of effort on those that will not. Learn to distinguish between these two categories of activities so your team can focus on the former.
The result: measurable reduction in DSO and past due AR, and an increase in cash collected within 3 months.
Objectives of the Presentation
» To define the short term actions that can reduce DSO and past due AR in a two to three month time period.
Areas Covered in the Session
» Strategy for A/R Management
» Tactics to Drive Results: Short & Medium Term
» Metrics
» Case Studies
» Conclusion
Who Will Benefit
Members of the Finance community responsible at some level, for managing a firm’s AR asset
» CFO’s
» Controller
» Treasurers
» Customer Financial Services Managers
» Credit Managers
To Register (or) for more details please click on this below link:
bit.ly/35C36Ca
Email: support@abideedict.com
Toll Free No:1-844-511-8858
Tel: +1-913-871-1466
More information
Organizers