Managing Accounts Receivables in 5 ways

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MANAGE ACCOUNTS RECEIVABLES - In -

Transcript of Managing Accounts Receivables in 5 ways

Page 1: Managing Accounts Receivables in 5 ways

MANAGEACCOUNTS

RECEIVABLES- In -

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ACCOUNTS RECEIVABLES

IS WHERE THE FUNDING OF THE ENTIRE COMPANY COMES FROM

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

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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

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ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

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ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

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ASSESSMENT

OF

FINANCIAL

AND

CREDIT HISTORY

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HAVE A

DEFINITE

PAYMENT

TERMS

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HAVE A

DEFINITE

PAYMENT

TERMS

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SEND IT

THROUGH

ELECTRONIC

MAIL

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SEND IT

THROUGH

ELECTRONIC

MAIL

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SEND IT

THROUGH

ELECTRONIC

MAIL

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SEND IT

THROUGH

ELECTRONIC

MAIL

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PROVIDE

MULTIPLE

PAYMENT

METHODS

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PROVIDE

MULTIPLE

PAYMENT

METHODS

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PROVIDE

MULTIPLE

PAYMENT

METHODS

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INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES

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INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES

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INVEST ON AN

OUTSOURCED

ACCOUNTS

RECEIVABLE

SERVICES