http://www.aabcollections.com/blog Debt Collection Advice for Business Professionals Tue, 15 Apr 2008 12:50:05 +0000 http://backend.userland.com/rss092 en In my last post, I wrote about the carrying cost of accounts receivables.  The formula to calculate this expense was included.  If you used the formula and determined your cost is too high, decreasing Day Sales Outstanding is the place to start saving money. We’re starting the DSO improvement process with ... http://www.aabcollections.com/blog/2008/04/14/invoices-that-help-lower-dso/ The cost of carrying receivables can have a significant impact on a company’s bottom-line.  Paying lenders to cover expenses without collecting interest on receivables is a financial burden. Business savvy accounts payable departments hold invoices as long as they can to earn interest income.  Most small businesses won’t pursue interest charges ... http://www.aabcollections.com/blog/2008/04/08/understanding-the-carrying-costs-of-accounts-receivables/