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AmCham. Accounts Receivable Management Workshop Mariott Hotel, Warsaw, 11 April 2006. Contents. AmCham – Accounts Receivable Management Workshop. Introduction Take-away lessons Best-practice tools Conclusion. Oryx. Introduction. AmCham – Accounts Receivable Management Workshop.

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Amcham l.jpg

AmCham

Accounts Receivable Management Workshop

Mariott Hotel, Warsaw, 11 April 2006


Contents l.jpg

Contents

AmCham – Accounts Receivable Management Workshop

  • Introduction

  • Take-away lessons

  • Best-practice tools

  • Conclusion

Oryx


Introduction l.jpg

Introduction

AmCham – Accounts Receivable Management Workshop

  • Izabela Walczewska-Schneyder

  • Oryx - Financial Management Consultants

  • Tel: +48-609-33-11-05

  • E-mail: izabelaws@wp.pl

Oryx


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Take-away lessons

AmCham – Accounts Receivable Management Workshop

  • Review your accounts receivable portfolio

  • Prepare a credit control policy

  • Cooperate with the Sales Department

  • Prepare an accounts receivable collections manual

Oryx


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Best-practice tools (1)

AmCham – Accounts Receivable Management Workshop

  • Review your AR portfolio

    • Calculate the costs and benefits

    • Consider all options available

  • Prepare a credit control policy

    • Stick to the policy

    • Keep it simple

    • Get Senior Management buy-in

Oryx


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Best-practice tools (2)

AmCham – Accounts Receivable Management Workshop

  • Cooperate with the Sales Department

    • Work towards agreed common goals

  • Prepare an AR collections manual

    • Make it specific

    • Use your available IT systems

    • Devote appropriate resources to the task

Oryx


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Conclusion

AmCham – Accounts Receivable Management Workshop

  • Discussion

  • Questions?

  • Handouts

  • Thank you for your attention.....

Oryx


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