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Q. With the state of the economy, companies are trying to minimize risk. We have many private companies with six figure credit limits.
1. Do you request financials statements? Most recent audited… Read More
Q. I have created our credit application in an Excel format for ease of entry by our customers. It looks much better and allows for macros and hyperlinks.
However, this presents a challenge when the… Read More
Q. I am having a challenge with trying to keep up with assigned credit limits on accounts. Due to many price increases in raw materials, fuel, and packaging items, we have had four price increases… Read More
Course Description
Managing cross-functionally brings a unique set of leadership challenges. This course highlights best practices from organizations that have aligned O2C, sharing actionable
Course Description
The course covers AR fundamentals, best practices and regulatory compliance, all of which are necessary to excel in the accounts receivable
Course Description
The course is designed to equip you for both managing your team now and preparing to manage your team in the future—by understanding and embracing best practices,
Course type: Package of 4 E-Learning Courses | Self-study | On-demand
Registration fee: $795 per learner (Save over 10% over purchasing as a bundle! Member e-learning
… Read More
Course type: Self-study | On-demand
Registration fee: $249 per learner
IOFM CEUs available: 3
Estimated learning hours: 1-2
Technology Requirements: Most updated version
… Read More
Q. Is anyone increasing their bad debt reserve due to COVID and an increase in slow pay?
A.
(Answered by the IOFM Advisory Panel)
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Overall our aging/DSO is back to pre-COVID levels, but we did… Read More
Q. I wanted to share a type of fraud we have experienced since March (COVID). All people in credit need to be aware of this taking place.
On two occasions, we have had requests come in through our… Read More
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