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Credit pros whose companies regularly grant credit to and negotiate transactions with overseas customers may be in the habit of simply using their regular domestic bank to help them handle such

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Given the relentless pressure to speed cash flow, and the need to automate AR processes to significantly achieve this goal, many companies have considered the option of outsourcing certain

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By Pam KrankAR managers reading the financial headlines realize that their companies are operating in a global economy with ever-present credit risk. That means it's more important than ever to

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By Bradley PalmerAccounts Receivable (AR) performance has been deteriorating for two-thirds of the largest companies in America over the past five years or so. Two of the largest obstacles to

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By Wayne SmithWithout adequate cash flow and/or access to capital, you cannot survive, let alone grow a business. Increasing cash flow and minimizing the amount of cash required to operate a business

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Why Create FlowchartsA flowchart is a diagram that illustrates the flow of data, processes and operations within an organization or business management system. It is a source of valuable information

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More and more businesses are considering or adopting a shared services organization when structuring key administrative processes, including accounts receivable. Whether in a shared services

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Recent disasters, man made and natural, draw attention to the importance of having a disaster preparedness and recovery plan in place and tested before an unforeseen event crashes your computer

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