Looking for recommendations on managing an AR team.
I have been asked to change roles within my company to oversee the AR team. I have 13 years progressive experience in finance, but very little exposure to recievables. I have only ever worried about...
View ArticleGetting a Better Handle on Your Corporate Clients' Ability to Pay
In the midst of a stalled economy are a few bright spots. In some respects, companies' creditworthiness has risen over the past few months, and their suppliers are having less trouble collecting what...
View ArticlePeruvian Income Tax Non-Domiciled Companies, how does this work?
We have received a payment from a Peruvian subsidiary of a large US corporation. read more
View ArticleZenCash Dashboard for Receivables Management
Let’s take a look at the ZenCash Dashboard. If you are managing a business that has a significant amount of receivables, this dashboard can give you great insight into your accounts in a simple to...
View ArticleFinancial System - Implementation Plan and Timeline
We are implementing a new financial software package and we need to develop an Implementation Plan and Timeline. Wondering if anyone would be able to advise where we could get a general plan from that...
View ArticleJim Brendel
Jim has over 30 years of public accounting experience with both public and private companies. His specialties include the technology and energy industries, revenue recognition, business combinations...
View ArticleManaging working capital best practices
I'm seeking examples of best practices in managing working capital and would like to share across the proformative network case studies on success and failures. In this case, I am focused on examples...
View Article5 Ways to Better Manage Your Accounts Receivable Team
Do you take your accounts receivable team for granted? As a critical team in your company - without it, your business wouldn't get paid - AR can easily fall under the radar. read more
View ArticleThe B2B Credit Checklist: What to Know Before Extending Credit
Businesses rely on clients to pay their bills, but as many CFOs know all too well, clients will frequently take their sweet time paying invoices as part of their cash-management strategy, because their...
View ArticleWhat are the first expenses that business consultants typically look to cut...
Business Consultants constantly pitch our company and tote that they can immediately cut our expenses/cost-basis by "X%". What costs do they typically look to cut first?
View ArticleReferral for Factoring Receivables
Does anyone have a referral for a company that has handled their factored receivables?
View ArticleWondering best practices in the formula for calculating DSO?
Our company currently factors in unbilled revenue or contracts that have been signed but no revenue incurred yet in our calculation of DSO. Are these appropriate DSO calculation methods? read more
View Article60 Day Terms
I have noticed a trend for large multinational corporations to require 60 terms.read more
View ArticleDoes anyone have experience in instituting outsourcing of the billing and...
I am seeking to find the best in class companies providing outsourcing for the front-end billing as well as back end cash applications and collections functions? read more
View ArticleFor DSO calculation should you use gross or net AR in the formula?
Its not uncommon in healthcare that you bill at a submitted charge but receive an allowed amount then contractually adjust the difference. Therefore the AR is gross but only can be netted down at...
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