
Cash Management: Best Payables and Receivables Practices that AREN'T!
About this episode
When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best intentions of the practitioners.
Don’t win the battle only to lose the war! Let me explain. Make sure you stick around until the end when we share the nasty tactic some organizations use to get their customers to pay twice. Everyone needs to be on the lookout to make sure they recognize when their suppliers are trying to pull this trick on them #cashmanagement #corporatecashmanagement #accounting
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best intentions of the practitioners. Don’t win the battle only to lose the war!
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