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Accounts receivables: Getting the basics right

Brian Shanahan describes:

1. The Seven Steps to Heaven in accounts receivables

2. How it is critical to understand that when segmenting your customer base: one size does not fit all and that segmenting by payment behaviour is much more effective than segmenting by customer’s risk profile.

And closes with two vital comments:

- Need to get basics right before automating

- Don’t be a busy fool by wasting time on wrong targets.

Key timing points
0:30 Accounts receivables: Seven steps to heaven
7:31 Customer segmentation - one size doesn’t fit all
12:20 Closing comments

This WEBchat explains why it is essential in Accounts Receivables to get the basics right before introducing automation and to focus on sensible and effective targets.


This item appears in the following sections:
Working Capital Management
Order-to-Cash Cycle in WCM
Total Working Capital

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