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That is why lenders will only advance a portion of the collateral’s book value. If you charged shipping costs, but your agreement is to bill a “delivered” price, the customer will deduct the freight from the face amount of the invoice. To a lender, collateral is not as good as money in the bank.
Growth areas are more likely to be tied to providing advisory, consultant and wealth management services or to providing outsourced functions such as CFO duties, Koltin said in an interview for the new book by Sageworks, Next-Level Accountants: Your guide to growing a firm of trusted advisors.
Collection Effectiveness Index (CEI) CEI compares receives collected in a given time period against the receivables available in that same period. Book a demo today to see how you can get started improving your cash flow with Gaviti. The post 6 Cash Flow Performance KPIs Every CFO Needs to Track appeared first on Gaviti.
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