Course
Getting Paid Faster
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Credit Diamond
Course Description

Most companies have at least a few customers who don’t pay them in a timely manner. Unfortunately, for some the problem is worse. They have many customers who don’t pay them as quickly as they’d like. While it is definitely true that some of these organizations purposely drag their feet when it comes to the timing of payments, that is not always the case. In fact, many times the delay is due to something the supplier did (or didn’t do) during the billing process. These are simply practices that could be easily rectified. This course contains the standard best practices every organization should use when trying to get paid in a timely manner as well as a look at the common mistakes that end of delaying payments. The information on these inopportune slip-ups comes from interviews with accounts payable professionals who shared their frustrations over these easily-fixable oversights. 

Learning Objectives
  • Getting Paid Faster
    • Identify common mistakes in your billing process that delay payments
    • Create a clean billing process that produces error-free invoices
    • Build an effective strategy ensuring you have all needed information on your invoices
    • Pinpoint practices that unintentionally cause delays in payment
    • Develop an effective strategy for creating a better relationship with the personnel at your customers who are responsible for making payments  
  • Instructional Delivery Method
    QAS Self Study
  • Course Format
    PDF / Text
  • Prerequisite
    None
  • Field of Study
    Accounting
  • Level of Knowledge
    Overview
  • Recommended CPE Credit
    1.00
  • CPE Final Exam Required Passing Grade
    70.00%
  • Advanced Preparation
    None
  • Course Reviewed / Updated
    05/13/2019
  • Course Author
    Mary S. Schaeffer, MBA
Please Note:

Please Note: This course must be completed within 12 months of date of receipt of this course for CPE credit.

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