Sage 100 ERP Accounts Receivable Collections 

We all know the power of positive thinking is beneficial on many levels.  If business is picking up and sales are rolling in the door, there is reason for optimism.  You can bring in the sales but there is still the risk the actual cash may not be collected in a timely manner.  Depending on your situation, the inability to collect accounts receivable on time can put your business at risk.  Optimism on the sales floor can quickly turn into a devastating situation on the finance floor if cash is not collected from the customers.  There is a lot to keep track of as your business grows.  Every new customer you find may potentially turn into a tough collection issue that causes the business to struggle with cash flow and spend time and energy on non-productive post-sale follow up.  Outstanding accounts receivable balances can be a drain on businesses struggling with cash flow and tight credit constraints.  

There is a reason to still remain optimistic if you can train your business to operate with some basic accounts receivable collections principles.  Prioritizing an accounts receivable process that is more efficient is just as important as creating sales and marketing efforts to earn new business.  Join e2b teknologies and four Sage 100 ERP business partners on Friday, October 26, 2012 to learn effective strategies to improve your accounts receivable efforts.   

Join us on Friday, October 26, 2012 to learn how implementing the following best practices can improve efficiency in collecting outstanding accounts receivable.

1. Create A Plan
2. Provide Timely & Accurate Information
3. Develop KPIs
4. Define Roles
5. Standardize Messaging
6. Document Activities
7. Define Dispute Resolution Procedures
8. Centralize Data Communications
9. Manage Your Resources
10. Score Customers Using Cost of Credit
11. Be Proactive
12. Focus on Key Accounts
13. Automate Business Processes
14. Secure Financial Information
15. Involve Your Sales Team
16. Escalate Trouble Accounts
17. Work as a Team