Credit

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.

Keeping up with assigned credit limits on accounts

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

Order-to-Cash Manager Certification (AOCM)

Accounts Receivable Specialist Certification (ARS)

Accounts Receivable Manager Certification (ARM)

"ARM certification provides recipients with a higher level of expertise that supports an organization’s strategy. For my team, taking an equal interest in both AP and AR has helped to increase

Credit & Collections Master Class: Credit Management

Course type: Self-study | On-demand

Registration fee: $275 per learner

IOFM CEUs available: 3

Estimated learning hours: 1-2

Technology Requirements: Most updated version

What does EOAP mean?

Q. What does the term EOAP + N90 mean? Would you explain what type of payment term this is? I'm not familiar with "EOAP." Should I avoid this and ask for lower terms? How is this different from N30,… Read More

IOFM Answers the Questions Every AR|C&C Department Is Asking During COVID-19

Everybody’s strapped for cash during the COVID-19 pandemic, buyers and suppliers alike. With no end in sight, some AR organizations have bent their normal terms and policies just to stay in

Is the COVID-19 Economy a Sales Opportunity?

by John G. Salek - For most companies, the COVID-19 economy will cause revenue reductions and cash shortages far worse than prior recessions in this country. Two major changes affecting the… Read More