Start 2013 With Clean Accounts Receivable
James Caan, CEO of Hamilton Bradshaw, offers very sound advice for any business owner or member of senior management: “Every day you are not getting paid, you are losing out – far too many companies are happy to sit on payments. In effect, what they are doing is using you as a source of free credit.”
Money owed to you by debtors can have a devastating impact on your cash flow. Even if you don’t have “bad debts,” slow payers can hurt your profitability as you pay to carry their outstanding balance while spending precious time and money rebuilding them. According to the Gartner Group, days sales outstanding (DSO) are at record levels (now averaging 42 days in the U.S.) and Accounts Receivable (AR) professionals continue to focus on strategies to accelerate cash.
Transworld Systems: Your Accounts Receivable Solution
Transworld Systems provides you with the tools to help you stay competitive with even the largest enterprises in this endeavor. With the accounts receivable, debt recovery, and past due accounts managed through Transworld’s industry-leading software, expediting processes is a much less daunting task.
With a success rate 4 times the industry average, Transworld has collected $6 billion over the past decade for more than 60,000 clients – from Fortune 500 companies to small businesses. You can now recover money owed to you, at a fraction of the cost you’d expect, and your customers won’t even know you aren’t doing the work.
End the Year with Clean Accounts Receivable
With just a few more weeks left in the year, there is no better time to review your finances and take action to clean up your Accounts Receivable. The ability to start off on a clean balance sheet in 2013 will certainly put you in a better cash position.
Pursuing debtors around the holidays may bring feelings of guilt (although it’s not your fault, they agreed to pay you on time). Don’t be left with large accounts receivable owed to your business in January. Other companies have already submitted your same customers to collections – why let customer card bills arrive in January and take priority over what you are owed?
Using Transworld System’s leading software will put your company ahead of the curve and your accounts receivable right where they should be – as close to on time as possible.
End 2012 and start 2013 off right with Power Purchasing and Transworld Systems. With your FREE Power Purchasing savings program, you can take advantage of special deals from Transworld and take control over your company’s finances once and for all.
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