Billing and Collections Best Practices

by Bragg, Steven M.

• ISBN13: 9780471702245
• ISBN10: 0471702242
• Format: Hardcover
• Copyright: 2004-12-16
• Publisher: Wiley

Summary

Billings and Collections Best Practices offers advice for implementing a plethora of best practices to greatly improve your company's level of efficiency in information reporting, including:Showing you how to create a more efficient billing operation.Demonstrating how you can reduce the error rate on bills sent to customers.Revealing specific steps for you to reduce the amount of outstanding receivables.Providing guidelines on how you can restructure invoice formats to shorten the payment interval.Detailing how to create a database for recurring billings and how to maintain its accuracy.Order your copy today!

Author Biography

STEVEN M. BRAGG, CPA, CMA, CIA, CPIM, has been the CFO or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche. He received a master's degree from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. Mr. Bragg resides in Centennial, Colorado. He has written twenty books, including Accounting Best Practices, Accounting Reference Desktop, and Controllership: The Work of the Managerial Accountant, all from Wiley.

Table of Contents

Preface.

Chapter 1. Success or Failure with Best Practices.

Chapter 2. Credit Policies, Procedures, and Systems.

Chapter 3. Credit Granting Techniques.

Chapter 4. Invoice Creation.

Chapter 5. Invoice Delivery.

Chapter 6. Cash Collection and Application.

Chapter 7. Managing the Collection Department.

Chapter 8. Collection Systems.

Chapter 9. Collection Techniques.

Chapter 10. Deduction Management.

Chapter 11. Outsourcing Collections.

Chapter 12. Billing and Collections Measurements.

Appendix: Summary of Best Practices.

Glossary.

Index.