Monitoring of Accounts Receivables: 6 Techniques

For effective management and control of receivables, the following techniques are used by the Credit Manager in monitoring the status and composition of accounts receivables:- 1.  Ratio Analysis for Control of Receivables 2. ABC Analysis of Receivables 3. Discriminate Analysis and Credit Scoring 4. Credit Utilization Report 5. Cost-Benefit Analysis of Collection Expenses 6. Measuring Day's Sales in Terms of [...]