Articles
Credit Holds Do Anything But Maximize Cash
This Procedure Can Actually Encourage Delayed Payment; Other Options More Effective For Steady, Consistent Cash Flow From Receivables
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Are you using relationships to improve receivables performance?
Imagine a customer willing to walk a half a million dollar invoice through the system in just 5 days to ensure you receive the funds for month end. Strong relationships, good proactive calling techniques and a system built to identify these opportunities can make that happen.
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News
A CFO’s experience
with CashFlow Enhancement Group
Not many decisions are
easy in the life of a CFO. But smart financial
executives quickly recognize opportunities that offer a
significant upside, minimal risk and require negligible
effort to initiate.
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Difficulties of being
a credit manager in business today
“My department handles
cash application, credit risk, and credit releases. We
are reasonable for documenting and resolving disputes
and deductions."
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Quarter end push for
Cash at a Fortune 500 company
Twenty days before quarter end, management at this
division of a Fortune 500 company learned that
reductions in inventory where not materializing as
forecasted.
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