Accounts receivable management best practices John Salek
Publisher: Hoboken, N.J. : John Wiley & Sons, Inc., c2005.
ISBN: 0471716545
DDC: 658.15224
LCC: HF5681
Summary:
"In today's global marketplace, competitive pressure and industry
practice mandate that products and services be sold on a credit vs.
cash-on-delivery basis. This practice often produces a receivables
asset that is one of the largest tangible assets on a company's
balance sheet. Surprisingly, management of this multimillion-dollar
(and sometimes multibillion-dollar) asset rarely receives much
senior-management attention, except when a serious problem develops.
Accounts Receivable Management Best Practices examines the importance
of managing accounts receivables and provides proven, field-tested
principles for achieving such measurable benefits as increased cash
flow, higher margins, and a reduction in bad debt loss." "This book
is designed for all managers who are either directly responsible for
managing the receivables asset - such as directors of customer
financial services and credit managers - or indirectly responsible -
such as controllers, treasurers, and CFOs."--BOOK JACKET.
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