The Chief Financial Officer Improving accounts receivable (AR) performance is an important task that requires close attention by the Chief Financial Officer (CFO). Getting paid faster, reducing friction to payment, managing invoice and payment disputes and increasing customer satisfaction are directly connected to a healthy cash flow, an optimised working capital ratio and an increased […]
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Link subsidiaries to Holdings company of the Customers for centralised payment settlement, especially if the Customer has shared services for its accounts payables. Support Customer-Centric design with Account & Invoice level data visibility of multiple entities from one group, in one console and one statement.
Design Treatment Actions and Strategy Workflow processes to be consistently, systematically and automatically applied to debtors to progress from one stage to the next when payments are not received. Categorize Invoices, Accounts or Customers by different aging buckets, products, segments, locations, customer behaviour scores etc. for consistent treatment actions for each category. Review and re-design […]