• STAFFING AN EFFECTIVE ACCOUNTS RECEIVABLE TEAM
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    STAFFING AN EFFECTIVE ACCOUNTS RECEIVABLE TEAM

    INTRODUCTION As the publishers of Anytime Collect credit and collections management software, we work with a variety of companies. We have experience with small companies at around one million dollars in revenue who are using Intuit QuickBooks, up to enterprises managing hundreds of millions of dollars utilizing enterprise ERP business software. No matter the size

  • UNDERSTANDING ELECTRONIC INVOICE PRESENTMENT & PAYMENT
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    UNDERSTANDING ELECTRONIC INVOICE PRESENTMENT & PAYMENT

    INTRODUCTION Whenever you use a credit card, pay with a check or use ACH, it seems pretty simple. The transaction goes through and the money is then withdrawn from your account. However, understanding the inner workings of electronic invoice presentment and payment is not easy. In addition, many don’t realize that having a better understanding

  • HOW TO DEVELOP A CREDIT POLICY  PLAN
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    HOW TO DEVELOP A CREDIT POLICY PLAN

    INTRODUCTION The Credit Research Foundation estimates that only 20% of credit departments have formalized policies. Many companies struggle to formalize policies due to ad-hoc credit management from salespeople, lack of critical financial information, or simply due to time constraints and higher priority projects. The goal for a Credit Plan is to clearly define these credit

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