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A/R Benchmarking Masterclass: Strengthening Performances in Recession

Watch this course to understand how benchmarking your organizations against market trends can help you improve your processes.

A/R Benchmarking Masterclass: Strengthening Performances in Recession

Curriculum

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About this course

About this course

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lessonOverview

"Of the 1,728 businesses that closed during the Great Recession of 2008, 97% did not benchmark their performance." According to STR’s benchmarking survey. 

Today’s recession threatens unique challenges: High inflation, scarce and expensive talent, and constraints in global supply. If these fallouts aren't identified immediately, it can cost your business thousands of dollars in bad debt! 

One way to identify early warning signs: Benchmarking. 

It will help shape your credit and collection strategies and fine-tune your tactics.

Watch now to: 

  • Compare and interpret Industry findings on payment trends, staff benchmarking, and staff training in 2022. 
  • Analyze and benchmark your current A/R processes 
  • Define an action plan  on how you could work on these challenges and improve your processes in 2023
instructor
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Dave Schmidt Contributing Editor, Credit Today Dave is an order-to-cash and SME risk expert with over 27 years of experience. He focuses on the order-to-cash side of the working capital coin, applying his knowledge and expertise with receivables, credit, and collection best practices and technology to maximize clients' performance. Dave aims at providing insights into the small and medium enterprise (SME) community by delivering actionable intelligence solutions for clients to drive efficiency, manage risk and grow revenue.