2022 - Essential Metrics to Measure Accounts Receivable Health

OVERVIEW
Every ERP system has its "canned" reports for AR status and results, as well as fairly sophisticated query capabilities to enable analyses of operational throughput and results. However, do these formats and analyses serve your informational needs given that your customer base/segments, products/services, market posture, policy, process, and IT capability are unique? Probably not.
However, you can specify the metrics you need and prioritize them for activation. This webinar will equip you with the knowledge to properly prioritize which metrics you need to best serve your individual organization’s needs. With the proper metrics, you will be better informed to monitor the management of this large asset. With the right analytics, you will be able to pinpoint opportunities to improve the customer experience, improve margins, and cash flow, and reduce cost.
WHY SHOULD YOU ATTEND?
Do you currently understand the nature, risk profile, collectability, and other key characteristics of your Accounts Receivable (AR) asset? How about the cost to manage it and the interest cost of excess, past due to AR?
There are dozens of metrics applicable to the AR asset, but which are the essential ones? By establishing measurement of the essential metrics, you will have visibility to the key metrics which reflect and drive income statement and balance sheet results. Afterward, measurement of supporting metrics can be implemented subject to budget and IT constraints. Finally, the “right” analytics will provide insight into key upstream (order fulfillment) and downstream (AR management) processes to identify opportunities for improvement.
Don’t settle for what your ERP provider thinks are the key metrics. Identify the ones that you need to manage your AR asset and related processes in your organization.
AREA COVERED
Introduction
The Essential KPIs
Efficiency KPI’s
Operational KPI’s
Analytics
Conclusion and Questions
LEARNING OBJECTIVES
To enable the attendee to understand the range of metrics to measure Accounts Receivable (AR) Health and to equip them to decide which are right for their organization. This will be determined by the degree to which managing AR is a challenge and the cost/time/feasibility of producing the metrics. It will also enable attendees to understand the relative importance of each metric.
WHO WILL BENEFIT?
Members of the Finance community are responsible at some level, for managing a firm’s AR asset
CFO’s
Controller
Treasurers
Customer Financial Services Managers
Credit Managers
Sales
Customer Service Managers
SPEAKER PROFILE
John Salek is President of Revenue Management Associates, an Accounts Receivable & Order to Cash consulting company. He is a highly experienced financial professional with proven performance in the Order to Cash process including order and contract processing, billing, dispute management, credit control, collections, and cash application.
For more detail, please click on this below link:
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Email: info-AT-247compliance.us
Tel: +1-661-336-9555
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