Accounts Receivable Best Practices: Improving Cash Flows & Profitability

Understand what your company must do to turn receivables to cash as quickly as possible.
Financial Management / Operations

CEO Improve Profit Execsense

Format          55 Minute Lesson
Chapters       5
Skill Level     New to Topic
Audience      CEO / President / Managing Director / Managing Partner
Includes       Access for 1 year. Stream on all devices.

Course Description

In this lesson, ExecSense and expert, Pam Krank (CEO – The Credit Department), examine five ways in which leading CEOs are employing new techniques to streamline accounts receivable and save their companies significant time and money.

In 55 minutes, you will learn:

  • Everything you need to know in 55 minutes as a CEO about the latest best practices being used by CEOs to help their company save time and money when it comes to accounts receivable
  • Learn how to determine the level of risk you want to take in your receivables, how to understand risk before the sale not after, methods and tips to ensure consistent collection activity, ways to reduce unexpected losses and how to track performance and instigate achievable goals. Ground your learning in real world case studies so you can takeaway useable improvements that will have an immediate impact
  • The most effective tips and techniques for how other leading CEOs have been able to rid their company of time-honored practices that no longer work and eliminate the weak controls within the function that make fraud and debt possible
  • Answers to the questions most asked by CEOs (and their CFOs and COOs) about how to improve upon accounts receivable practices, as well as new accounts receivable methods
  • Case studies of how other CEOs have completely revamped their accounts receivable processes in the last three months, the benefits it has had for their companies, and important lessons learned

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ExecSense Speaker

Pam Krank
CEO, The Credit Department
Expertise
Banking & Financial Services

ExecSense_Pam Krank

Pam Krank is a top global trade receivables expert. She’s a lively and engaging speaker on the subject of credit management.

View More

Pam has been studying and managing trade receivables portfolios for 33 years in over 400 companies. Pam works with companies looking to more effectively manage the risk associated with trade credit to maximize cash flow and minimize bad debt expense.

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