Efficient Receivables Management is the key to better Cashflows. In this short video, we have shared top 5 ways to improve your receivables position, that would go a long way in generating better cashflows.
If you have a large quantum of overdue receivables, it is very important to quickly address the same; since with passage of time, not only there is time-cost (interest) on those funds, but also the ability to recover those receivables keeps dropping quickly.
At SuperCFO, we regularly work with businesses to address their overdue receivables. We have established several best practices and have a seasoned team that knows how to collect quickly, from a B2B customer. As a value-add, we assist companies with reconciliations, resolving disputes, setting up process for assigning credit limits, and undertaking detailed analysis on the the receivables position, to gain better insights.
