You know the ones -- the invoices as thick as a phonebook. Here's a solution to ease this common A/P headache. (more…)
Strategy
Chances are, customers are taking longer to pay these days. No reason that should mess with your company's cash flow. (more…)
Unless everyone understands who's paying their bills and (more importantly) who's not, your company could end up in a serious cash flow crunch. Which is exactly why one company tried this. (more…)
It's the most popular yardstick for companies to measure the health of their cash flow: Days Sales Outstanding (DSO). Compare your numbers against these recently-released benchmarks. (more…)
It seems like a goal any red-blooded CFO would find tough to argue with: reduce the company's costs. Unless people are going about it the wrong way. (more…)
You know why making and receiving e-payments is a good idea: less paper, better revenue management, streamlined processes, fewer errors, etc. So what's really standing in the way? And is it a good enough excuse? (more…)
Nothing wreaks havoc on Finance's efficiency like a way-off cash flow forecast. Here's an action plan that'll banish expensive surprises. (more…)
Yes, some of your peers have been able to secure a cash flow boost by faxing customers their invoices instead of mailing them. Here's an alternative that might be even better. (more…)
Training's important to build skills, improve retention and show your staffers you think they're valuable. It also takes a big bite out of the budget. (more…)
Sales is king of company incentives: Salespeople receive them for selling, they offer them to customers for buying, etc. How about your company offers them to customers for paying you instead? (more…)
Many customers are adopting a new motto these days: "What's mine is mine; what's yours is mine." Put a stop to that pronto. (more…)
Jump on every technology that promises to improve accounting processes and you won't have anything left in the budget to keep track of. But for some tech features finance execs should definitely jump on, few have. (more…)
