Accounts Receivable Management Best Practices

Praise for Accounts Receivable Management Best PracticesAn excellent reference tool on how to manage the accounts receivable process for any company. The use of reallife examples makes the concepts easy to understand. I recommend the book to anyone who wants to improve cash flow and reduce bad debt loss.Michael E. Beaulieu, Senior Vice President, Finance Cardinal HealthRather than simply explaining how to get the greatest return from an investment in accounts receivable, John G. Salek reveals how companies shoot themselves in the foot when management sets policies and procedures without consideration of the impact on cash flow. Accounts Receivable Management Best Practices isnt just for credit and collection professionals who often spend more time cleaning up process errors and other corporate garbage, instead of managing risk. It should be required reading for Clevel executives, the sales staff, operations managers, and anybody else whose job impacts the ordertocash cycle.David Schmidt, Principal, A2 Resources Coauthor of Power Collecting: Automation for Effective Asset ManagementEnhancing a companys competitive profile is all about giving enough customers the right product, at the right price, at the right time. This authors realworld approach to accomplishing this goal through the prism of receivables management makes this book a mustread for those companies looking to make their mark as an organization that cares about its customers as well as their own need to produce financial results.Bruce C. Lynn, Managing Director The Financial Executives Consulting Group, LLCI have worked with John Salek since 1992, both as his client and as a project manager working with his organization. His knowledge of receivables management . . . the technology, the processes, and the formula for success . . . are unsurpassed in the field.Stephen L. Watts, Manager, Global Receivables (retired) General Electric Medical SystemsMr. Salek has written a masterpiece on the intricacies and management of the accounts receivable portfolio. I would recommend this book to CFOs, controllers, treasurers, credit managers, and small business owners.Steve Kozack, Credit Manager Lennox Hearth ProductsWritten by an author who has been in the trenches and cites actual examples. This is not written in theory, but from practice.Milt Dardis, Collection Consultant Dardis & Associates