Policies

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One sign of the weakness of the current economic recovery is that customers continue to stretch out their payments to trade vendors, and in some cases are even requesting payment moratoriums or

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Record Retention Regulations In the United States, federal and state laws govern how long AR must retain certain documents and business records. It would be prudent to periodically check record… Read More

As the number of companies stretching out payments increased over the last several years, the sensitive issue of whether AR should levy late payment service fees surfaced again. The Credit Research

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The AR & O2C Network has Disaster Plan Templates to use in developing, reviewing or updating, your disaster plan policies and manual. The templates include the following:Disaster Plan Policy

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Consistently instituting the following five best practice policies will minimize the obstacles to a smooth and accurate AR month-end closing: Cash application. Look for an invoice number or PO number

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The AR & O2C Network has Credit Policy Templates to use in developing, reviewing or updating, your credit policies and manual. The templates include the following:Credit Policy TemplatesAR Credit

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As much as companies must take steps to protect themselves from risk of nonpayment when doing business in the U.S., that is doubly true for firms doing business overseas, especially in emerging

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IOFM has Billing Policy Templates to use in developing, reviewing or updating, your billing policies and manual. The templates include the following: Billing Policy Templates Billing Manual… Read More

The AR & O2C Network has Collection Policy Templates to use in developing, reviewing or updating, your collection policies and manual. The templates include the following:Collection Policy

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The department that bills and collects the company's receivables bears a tremendous responsibility. If the company has well-defined policies governing its credit, billing and collections processes

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