"Deduction Management" special report introduces best practices for managing deductions and shortpays that will dramatically increase ROI. Click here to get your complimentary copy now!
Deduction Management: Best Practices to Improve ROI
Brought to you by The Accounts Receivable Network and The Accounts Payable Network
Are you striving to improve cash flow? If so, this report will provide you with deduction management best practices that can drastically improve Days Deductions Outstanding and drive bottom-line savings!
Studies show that short pays/deductions must be researched, resolved and either cleared or charged back to customers within 30-45 days to stand a good chance of collecting invalid deductions and to ensure sales are accurately reflected in the accounts receivable asset on the financial statements.
Receive your complimentary copy of Deduction Management: Best Practices to Improve ROI and improve your deduction management processes and procedures to collect erroneous deductions and improve ROI.
This information-packed report helps you discover how to:
- Devote time upfront to correct invoicing to avoid invoice deductions and shortpays
- Categorize deductions by authorized, preventable and unauthorized and understand why this is important
- Utilize days deductions outstanding to help you understand how long it takes to clear deductions and how much of the AR asset is deductions versus open invoices
- Implement the six most important deduction best practices and learn how they can save time and money
- Balance the time-consuming and daunting challenge of managing deductions with the trade-off of time and effort in a way that fits your organization’s overall strategy and profitability
- Make a hero of your AR department by learning how to streamline complex tasks and bring more dollars to the bottom line
- And, and much, much more!
This valuable report is available at no charge for a limited time. Get your copy today!
About The Accounts Payable Network
The Accounts Payable Network (TAPN) is the leading resource for helping accounting and finance executives meet their commitments to accounts payable business process performance. With TAPN’s robust database of original AP content, calculators, AP business tools, white papers, case studies and current Accounts Payable News from around the world, members have unrestricted access to critical information guaranteed to help them make smart business decisions.
Members tap into the best practices and benchmarking data they need to measure and improve
accounts payable processes for optimum efficiency and cost-savings. Management strategies, technological solutions and essential tools help save member organizations time and money and make individuals more effective leaders. Current accounts payable news provides insights and keeps members on top of the latest AP developments. Focus areas include best practices for all AP functions, AP metrics and benchmarking; tax and regulatory compliance; solutions to real-world problems; AP automation; case studies; member Q&A networking forums and more than 250 downloadable, customizable AP
policies, flowcharts, templates and internal-control checklists.
The Accounts Payable Network helps members avoid mistakes when selecting or implementing new technologies and suppliers. TAPN’s tools help compare vendors, find new ways to streamline operations, take advantage of educational opportunities, and best of all, gain an unparalleled opportunity to share problems and solutions with peers “in the trenches” by joining the public and private forums and discussion groups.
The Accounts Payable Network is completely independent and is not owned by or affiliated with any industry supplier. For information, contact The Accounts Payable Network, 2100 RiverEdge Parkway, Suite 380, Atlanta, GA 30328, 770-984-1184, www.TheAccountsPayableNetwork.com.
Receive your no-cost copy of Deduction Management: Best Practices to Improve ROI now.
Are you AP certified? This report qualifies for 2 CEUs for the IOMA/TAPN Accounts Payable Certification Programs and 2 CEUs for the TARN Accounts Receivable Certification program.
