HOW DO I CALCULATE MY ACCOUNTS RECEIVABLE TURNOVER?
This isn’t what you signed on for.....
Most decision makers recognize the shortfalls of outsourcing third-party collection efforts. Collection agencies simply do not offer much of a return when one considers their rate of collection, their fees, and the amount of time and support required to yield any result. Selling your receivables is becoming the option of choice for an increasing number of businesses. But many creditors do not have experience selling receivables and are reluctant to begin. Inexperienced sellers often do not know where to start.
Most decision makers recognize the shortfalls of outsourcing third-party collection efforts. Collection agencies simply do not offer much of a return when one considers their rate of collection, their fees, and the amount of time and support required to yield any result. Selling your receivables is becoming the option of choice for an increasing number of businesses. But many creditors do not have experience selling receivables and are reluctant to begin. Inexperienced sellers often do not know where to start.