8 Tips to Streamline Receivables Operations
To remain on target with growth objectives, maximize margins and stay ahead of external forces that can derail the business, distribution companies need to find creative ways to leverage technology in order to reduce costs while improving operational efficiency.
With the economic pressures of the last several years, combined with regulatory changes, pricing pressures, currency fluctuations and competition for talent, distribution companies are challenged with new ways to simplify and streamline their operations to keep their business moving forward faster.
One way distribution companies can offset the growing number of external pressures facing their business is through the optimization of their receivables processes. Transitioning traditional receivables processes to leverage things such as electronic bill presentment and payment (EBPP) and epayments, distribution companies can not only get paid faster, but also reduce costs while increasing efficiency and enhancing the customer payment experience.
This free eBook is designed for distribution companies of all sizes who are seeking new ways to improve receivables operations and ultimately, profit margins and growth.