Policies

Share

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… Read More
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… Read More
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… Read More
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… Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500