Billing and Collections Best Practices
- 4h 26m
- Steven M. Bragg
- John Wiley & Sons (US)
- 2005
Billings and Collections Best Practices offers advice for implementing a plethora of best practices to greatly improve your company's level of efficiency in information reporting, including:
- Showing you how to create a more efficient billing operation.
- Demonstrating how you can reduce the error rate on bills sent to customers.
- Revealing specific steps for you to reduce the amount of outstanding receivables.
- Providing guidelines on how you can restructure invoice formats to shorten the payment interval.
- Detailing how to create a database for recurring billings and how to maintain its accuracy.
About the Author
Steven Bragg, CPA, CMA, CIA, CPIM, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche. He received a Master’s degree in finance from Bentley College, an MBA from Babson College, and a Bachelor’s degree in Economics from the University of Maine. He is the author of Advanced Accounting Systems (Institute of Internal Auditors, Inc., 1997), and many other books published by John Wiley & Sons, Inc.
In this Book
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Billing and Collections Best Practices
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Success or Failure with Best Practices
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Credit Policies, Procedures, and Systems
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Credit Granting Techniques
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Invoice Creation
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Invoice Delivery
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Cash Collection and Application
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Managing the Collection Department
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Collection Systems
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Collection Techniques
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Deduction Management
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Outsourcing Collections
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Billing and Collections Measurements
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