While there is no exact formula for figuring out how many employees are required for effective collections, we have, over the years, come up with a few general rules to help companies make this decision for themselves.
Chardon, OH (PRWEB) January 07, 2014
Today, e2b anytime apps, publishers of Anytime Collect accounts receivable management software, announced a new white paper entitled “How Many Employees Do I Need For Effective Accounts Receivable Management?” The white paper discusses the number of credit and collections professionals required in a company for better accounts receivable management, minimized bad debt write-offs, improved cash flow, cash forecasting, and operational efficiencies.
“No matter the size of the business, their industry, or which accounting system they use, many of our customers ask us the same question, 'how many employees do I need to effectively manage accounts receivable?’” said James Mallory, Director of Marketing at e2b teknologies and author of the white paper. “This is a critical question because having too few employees in an accounts receivable team can create serious cash flow problems, and no company wants to hire more employees than necessary and incur the overhead. While there is no exact formula to answer this question, we have, over the years, come up with a few general rules to help companies make this decision for themselves, which can be found in this white paper.”
The white paper discusses the many factors that go into deciding how many accounts receivable management employees a company needs for improved collections including invoice complexity, account and invoice volume, invoice presentment, company size, and many others. A free download of this white paper is available here.
About e2b teknologies
e2b teknologies, business software developer and reseller located in Chardon, Ohio, provides cloud-based business software applications and business services to progressive businesses worldwide. e2b enterprise develops custom cloud-based business applications and resells leading ERP accounting software, CRM, HRMS, and other enterprise business software applications from Sage Software, Epicor, Sugar CRM, and other publishers. e2b anytime apps is the publisher of Anytime Collect, Anytime Assets, Anytime 500, and related Anytime brand products.