Measuring Results: Accounts Receivable Management KPIs

The final step in defining your accounts receivable management policies and procedures is measuring the results. In earlier blogs we talked about doing research to better understand what was working and what wasn’t working, and how to set goals to improve several of those areas. Credit and collections is a numbers game, and you can easily measure the results. Now let’s discuss several accounts receivable management KPIs (key performance indicators) that you may want to measure along with suggestions to continually improve on your business to business accounts receivable collections so you continue to reduce your bad debt and get paid faster and faster year by year. Continue reading