having a standardized process and step-by-step guide such as the one we’ve developed ensures nothing critical is missed and no money is being left on the table.
Chardon, Ohio (PRWEB) November 18, 2014
Today, e2b teknologies, publishers of Anytime Collect accounts receivable management software, announced the availability of a fiscal year-end checklist for A/R collection and accounting professionals. The checklist serves as a resource for businesses to help them optimize the accounts receivable process for a faster and more profitable year-end close.
“Fiscal year-end is a hectic time in any accounting department, and collecting accounts receivable is usually among one of the most stressful and frustrating parts of closing the books,” said Adam Lynch, Anytime Collect Sales Manager at e2b teknologies. “The goal is to pull in the most revenue possible from outstanding invoices before the books are shut for the year, and that's no easy task. Having a standardized process and step-by-step guide such as the one we’ve developed ensures nothing critical is missed and no money is being left on the table.”
Based on proven best practices, the accounts receivable management checklist serves as an excellent resource for accounts receivable collectors, accountants, corporate controllers, and virtually any other professional who plays a role in the invoice collection process. The 28-point check-list helps companies prepare themselves for fiscal year-end activities such as:
- How to establish and organize task and communication schedules.
- Fine tuning customer and supplier information.
- Ensuring your company’s accruals are correct.
- Assigning year-end tasks to the right team member or department.
- Completing AR account reconciliations.
- Planning for the year ahead.
- And much more
The document also provides access to additional resources to help companies improve the effectiveness of their credit and collection policy, reduce invoice disputes, optimize their accounts receivable collection staff, become more effective in their accounts receivable communications, and more.
Download a complimentary copy of the checklist here.
About Anytime Collect:
Published by e2b teknologies, Anytime Collect accounts receivable management software is a leading cloud-based accounts receivables management software system designed to streamline the entire credit and collections process helping companies get paid faster. Anytime Collect is integrated to leading ERP accounting systems including Intuit QuickBooks, Epicor, Sage ERP, Microsoft Dynamics ERP, and other business applications.