Process Improvement
IOFM provides best practices for managing how you get greater performance from your AR. The Institute starts with benchmarking your current performance against your peers to identify where there is opportunity for improvement. And then it requires analyzing each step of the process from maintaining the customer master file, to order processing, to billing, to cash application -- and all the while keeping an eye out for fraud and abuse.
Featured Content
Four Practical Steps to Measuring AR Performance
It’s hard to convert performance goals into a business plan without knowing how much improvement is realistic. And measuring your performance and then benchmarking those results isn't easy or inexpensive. Learn the four steps to consider before measuring.
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Tech brands are transforming the business travel and expense landscape—and business traveler expectations. This will have big
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For most organizations, the procure-to-pay process (P2P) is one of the most complex financial processes. On top of involving high volumes of cash
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It’s 2018. Why haven’t you upgraded to electronic payments?
Most often the answer we hear lies in convincing upper management it’s
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