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In 2022, how efficient is your company's cash application process? If you respond, "It's complicated," you have a perfectly valid response.
The widespread use of payment technologies such as ACH, wire, credit card, and so on in B2B may make things easier for accounts payable (AP), but it complicates things for accounts receivable (AR) professionals, particularly when managing the cash application process.
Download and use this scorecard to better understand the performance of different payment processes in your cash application. |
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| Robert S. Shultz |
Founder, Quote to Cash Solution |
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This template has been created by Robert Shultz. With an immense experience of over 30 years as a global credit and financial executive for large multi-national companies. Robert also provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries. He is one of the founding partners of Quote to Cash Solutions. |
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A/R Frauds and Laws |
Credit and Debt Collection Laws for A/R |
Online 70 minutes crash course on conventional credit and collection laws including FDCPA, FCRA, ECOA, and Anti-Trust. |
https://academy.highako.com/credit-collections-laws-course |
70 Mins |
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Cash Reconciliation |
Cash Application KPIs and Reporting |
Watch this tutorial to learn how to monitor cash application KPIs to achieve your business's long-term goals. |
https://academy.highako.com/cash-application-kpis-and-reporting |
20 Mins |
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