Cutting through the fog of war: How leveraging accounts receivables data promotes organizational efficiencies.

More than ever, information forms the cornerstone of a top line receivables function. Without good information, credit limits are set arbitrarily, collection priorities lack coordination, cash application turns into an arduous task and demands for payment are easily deflected by any excuse that cites a service failure, whether real or perceived. In contrast, the appropriate application of information resources can serve as a catalyst for dramatic increases in productivity and quality of service that will inevitably beget improvements of a similar magnitude in the traditional measures of receivables performance. Corporations able to leverage their receivables data by ...