Collections

As clients push for extended credit terms, staying on top of your collections is more important than ever. Improve your collections efforts through IOFM’s peer-answered best practices, expert answers, as well as our white papers and webinars. 

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How Top of the World Headwear’s AR Team Captures the Cash

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Is an increasing share of your collections falling behind? Learn the 10 ways Top of the World Headwear's Accounting Manager Sean Daly keeps at least 96% of the money owed to his company at no more than 30 days late.

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Popular Resources

  1. Is Net 60 the New Net 30?
  2. Normal workload for one collector in a day?
  3. Prioritizing Your Collections Pt. 1: The Do-It-Yourself Approach

Overview

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Do You Know Your AR Numbers? Most Don’t and It’s Putting Them at Risk

How Consumer ‘Distress’ Will Affect Your Customers’ Payments

How Are You Protecting Receivables During Economic Uncertainty?

Case Studies

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Script for Negotiating Payments

Communication Forms the Cornerstone of an Efficient Collections Strategy at Foley Services

How Top of the World Headwear’s AR Team Captures the Cash

Expert Answers

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Should Collectors Have an Incentive Plan?

Script for Negotiating Payments

AR collaboration with sales

Best Practices

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Collection Letters – Love ‘em or Hate ‘em?

Accounts Receivable | Credit & Collections as a Career

Is Net 60 the New Net 30?

White Papers

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The AR Pro’s Guide to Credit and Collections Management

How Automating the Management of Customer Deductions Reduces Time, Complexity and Cost in Accounts Receivable

How Automated Invoice Dispute Resolution and Deductions Management Improves Cash Flow and Customer Satisfaction

Webinars

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Beyond DSO: 6 Ways to Optimize Collections & Cashflow

In Good Times & Bad: Tips for Optimizing Credit & Collections in an Uncertain Economy

Boosting A/R Collections: Tried & True Email Performance Strategies for Improving Dunning Workflows and Communications

Latest

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Should Collectors Have an Incentive Plan?

Do You Know Your AR Numbers? Most Don’t and It’s Putting Them at Risk

In today’s uncertain economy, it’s more important than ever that AR teams know their numbers.

Specifically. you need to

… Read More

How Consumer ‘Distress’ Will Affect Your Customers’ Payments

Given the volatile state of the US economy, top-performing AR credit professionals need to stay on top of their customers’ payments more than

… Read More

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