Managing Accounts Receivables in 5 ways

Post on 15-Apr-2017

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Transcript of Managing Accounts Receivables in 5 ways

MANAGEACCOUNTS

RECEIVABLES- In -

ACCOUNTS RECEIVABLES

IS WHERE THE FUNDING OF THE ENTIRE COMPANY COMES FROM

If a business declares bankcrupty, one root cause would be INEFFECIENT COLLECTION SYSTEM (or ineffective ways of collecting payments from clients)

A study found that 1 out of 4 businesses experience difficulties in account management due to the ff.:

All these can be handled and resolved through better

management of accounts receivable

All these can be handled and resolved through better

management of accounts receivable

ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

HAVE A

DEFINITE

PAYMENT

TERMS

HAVE A

DEFINITE

PAYMENT

TERMS

SEND IT

THROUGH

ELECTRONIC

MAIL

SEND IT

THROUGH

ELECTRONIC

MAIL

SEND IT

THROUGH

ELECTRONIC

MAIL

SEND IT

THROUGH

ELECTRONIC

MAIL

PROVIDE

MULTIPLE

PAYMENT

METHODS

PROVIDE

MULTIPLE

PAYMENT

METHODS

PROVIDE

MULTIPLE

PAYMENT

METHODS

INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES

INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES

INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES