The longer it takes for a business to resolve a disputed invoice or deduction, the higher the chance that it will not be able to collect the amount due, in full. What begins as a docile objection or a “small query”, takes no time to snowball into something large and unwieldy. This ‘issue’ is now […]
Getting paid on the invoices and keeping the cash flowing: easier said than done, even on a normal day. Always marred by delays, disputes, process issues, misplaced intents, ERP limitations, and many other such challenges. Results: high DSOs, high to a very high effort by the collection teams, high costs, and heartburns in managing disputes, […]
Cash Flow is the lifeblood of any business – small or large. It’s a constant tug-of-war between the monies-in (Assets) and Monies-out (Liabilities) that keeps the finance professionals working round the clock. The constant endeavor, especially that of the CFOs, is to make sure that in this war to ‘win’ over the liabilities they are […]
