[FRAMEWORKS] Unleashing Value from Accounts Receivable
Ideas to optimize profitability and improve working capital
INCREASING CASH FLOW
In today’s economy getting paid on time is a crucial factor in sustaining sufficient cash flow for continued business operations and profitability.
Customers making payments for services and products influence cash flow in a couple of important ways: speed and volume of payments.
Increasing the speed of customer payments means cash is returned to the business faster. It also improves the level of working capital, reducing investment-funding requirements for… Read more