How Accounts Receivable Can Improve Cash Flow
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Running Time: 8:12 Date: 01/03/2014 Take a new look at accounts receivable to get your debtors to pay up! In terms of debtor days, how would you rate your clients? Are they good at paying up under the usual settlement terms of seven days, fourteen days, even thirty days? If they're stretching out to 55 days, that's not uncommon, according to Dave Birch. But that also puts pressure on your practice. Dave Birch suggests that you take a new look at the role and performance of your accounts receivable - the role is changing in an improving economy and Dave Birch explains more in this inteview. Topics: Accounting & Tax, Financial Management |
Dave Birch, Feelink |