Join industry veteran Mary S. Schaeffer in this webinar, who will point out the common mistakes you or your team might be making to slow down your payments - without even realizing it. Even if you think, "Oh, we would never do that," research may show just the opposite.
Schaeffer will reveal 25 valuable recommendations - based on hard data provided by accounts payable professionals - and walk you through some of the most widespread everyday blunders made by suppliers, and how to avoid and/or correct them.
The steps needed to correct the errors - as you will realize after listening to Schaeffer - are pretty simple, but only if you realize you are making them!
After attending the webinar, you will be able to eliminate the practices that slow down payments, remove the bottlenecks that prevent invoices from being delivered in a timely manner, and improve the cash flow of your company.
Learning Objectives:
This session will show you how to:
- Implement best practices to ensure faster payments
- Identify mistakes your team may be making that slow payments to you
- Eliminate practices that slow payments
- Improve your company's cash flow
- Pinpoint bottlenecks that prevent invoices from being delivered in a timely manner
Why Should You Attend:
Cash flow is the lifeblood of any business, and delays can slow down or even threaten to close your business. That's why it is imperative for every organization to collect its receivables as quickly as possible. And despite what your clients may tell you, the check isn't necessarily in the mail.
And the older your receivables get, the harder they will be to collect - and more likely to become uncollectible. But fortunately, there are a few things you can do to ensure that your payments come through quickly and feasibly.
Instructor
Mary S. Schaeffer is the author of 18 business books, a monthly newsletter, and a free bi-weekly e-zine, as well as several CPE courses for CPAs. She runs AP Now, a boutique publishing and consulting firm focused on accounts payable issues.
She also serves as the Education Director for the Institute of Financial Operations. Before turning to writing and consulting she worked in the corporate world as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. A frequent and popular speaker at both live and online events, she has an MBA in Finance and a BS in Mathematics.