Stormy, with a chance of better cash forecasting
Nothing wreaks havoc on Finance’s efficiency like a way-off cash flow forecast. Here’s an action plan that’ll banish expensive surprises.
Strategy
Forget faxing invoices — try this instead
Yes, some of your peers have been able to secure a cash flow boost by faxing customers their invoices instead of mailing them. Here’s an alternative that might be even better.
3 areas training's needed now more than ever
Training’s important to build skills, improve retention and show your staffers you think they’re valuable. It also takes a big bite out of the budget.
How a golf shirt nabs a sales spike
Sales is king of company incentives: Salespeople receive them for selling, they offer them to customers for buying, etc. How about your company offers them to customers for paying you instead?
2 uncommon ways to make 'em pay up fast
Many customers are adopting a new motto these days: "What’s mine is mine; what’s yours is mine." Put a stop to that pronto.
3 must-have technologies for any finance shop
Jump on every technology that promises to improve accounting processes and you won’t have anything left in the budget to keep track of. But for some tech features finance execs should definitely jump on, few have.
Don't hit that downsize button … yet
A reduction-in-force might increase cash flow, but is your company prepared for the employee exodus that’ll follow?
