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The other option you have involves improving the performance of your accountsreceivable (AR). Chances are there is a substantial amount of liquidity that is trapped in your AR portfolio. That is why it is critical to identify some KPIs that will provide indications you are achieving your AR management goals.
AccountsReceivable (AR) is among the three largest assets on most companies’ books — inventory along with plant and equipment are the other two. AR is also the primary source of cash to fund daily operations. Not a subscriber … why don’t you take advantage of a free YVCM subscription?
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