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Top 10 Challenges CFOs of Travel Management Companies Face in Accounts Receivables Management

Emagia

Accounts Receivables (AR) management in a large, multi-brand travel management company presents unique challenges due to the complexity, volume, and global nature of its operations. Lack of Real-Time Visibility: Finance teams struggle to get a consolidated, real-time AR aging report or DSO trends across brands.

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Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.