Date: | March 17, 2021 - 1:00pm - 2:00pm |
Timezone: | (GMT-05:00) Eastern Time (US & Canada) |
Location: | 2712 W. 121st Ter. Leawood, KS 66209, USA., Leawood, KS, 66209, United States, 2712 W. 121st Ter. Leawood, KS 66209, USA. |
Website for Event: | https://bit.ly/3r7zUfE |
Topic: | Financial Literacy |
Description: | Every ERP system has its “canned” reports for AR status and results, as well as fairly sophisticated query capabilities to enable analyses of operational throughput and results. However, do these formats and analyses serve your informational needs giventhat your customer base/segments, products/services, market posture, policy, process, and IT capability are unique? Probably not. There are dozens of metrics applicable to the AR asset, but which are the essential ones? By establishing measurement of the essential metrics, you will have visibility to the key metrics which reflect and drive income statement and balance sheet results. Afterwards, measurement of supporting metrics can be implemented subject to budget and IT constraints. Finally, the “right” analytics will provide insight into key upstream (order fulfillment) and downstream (AR management) processes to identify opportunities for improvement. Don’t settle for what your ERP provider thinks are the key metrics. Identify the ones that you need to manage your AR asset and related processes in your organization. |
Contact Name: | Sukanta Sahoo |
Contact Email: | sukantasahoo09@gmail.com |
Contact Phone: | 8445118858 |