Accounts Receivable management and credit management are often overlooked by company executives.However, it has multiple consequences, primarily financial but also commercial.
The receivables are also a barometer of the quality produced by the company at all stages of the quote to cash process:
- production,
- supply chain,
- invoicing,
- contractualization,
- services delivered,
- ...etc.
Indeed, each malfunction generates unpaid invoices. The analysis of the overdues makes possible to identify the main shortcomings of the internal processes. The CFO has a very wide area of responsibility. He holds the keys of the company on a vital aspect: the funding.How can he ensure that the Accounts Receivalble are managed in a optimal way? Read our tutorial.