Managing Deductions—5 Key Steps to Improvement

September 10, 2019


While deductions, in the form of discounts, short payments, and chargebacks, are a fact of life for most businesses,deductions can drain your AR department’s time and resources while adding costs. Even beyond lost profits, the cost of not managing deductions includes delayed cash flow, distorted AR, inaccurate accounting, damaged customer relations, and even regulatory noncompliance...

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