A healthy cash flow is a top priority for a lot of businesses at the moment. Many companies are sitting on unused working capital, so finance executives and CFOs are turning their attention to their Accounts Receivable (AR) processes to try to shorten the cash conversion cycle. Steps taken to optimise working capital practises at the start of the pandemic are now looking like permanent changes as economic pressures continue. As a result, many AR departments are getting a complete overhaul.
But with all the different options for transforming and streamlining AR processes, it can be hard to know where to start.
This guide from The Hackett Group can help!
Download it to today to find out:
- What the results of the latest Credit and Collections Performance Study are, including key KPIs such as ADD, bad debt % and automation of billing process differences between the ‘Top Performers’ and their peers
- The results of their Covid-19 Response Poll - did you follow the trend?
- Why you may need to re-evaluate your KPIs and what you should actually be measuring
Bolster your cash flow today with The Hackett Group's Top Tips
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