AR Collection Strategies
A month into the COVID-19 pandemic, late and unpaid invoices loom large as the lifeblood of struggling businesses. In this difficult time, how does a business owner walk the fine line between demanding compliance with payment terms and keeping a cordial relationship with customers and clients?
Tom Paquette of T4 Advisors will help you with tools and tips for maintaining stable cash-flow, while proactively working with customers and clients who may be experiencing financial distress. Topics will include: mitigating risk, implementing better credit management processes, centralizing and unifying enterprise-wide collections workflow and implementing automation to streamline repetitive processes. Jay Bauer of Euler Hermes, will briefly address the role of credit insurance in the AR process.
Tom Paquette focuses on financial analysis and valuation for Main Street and Lower Middle-Market businesses. He has over 30 years of comprehensive experience in all aspects of accounting and financial management. Career highlights include specialized experience with valuations and strategic financial analysis for companies in the M&A arena, as well as significant success in growing small- and medium-sized companies and assisting businesses with turnaround services that enable them to return to growth mode. Additionally, he's President/CEO of TPAC, which provides CFO and financial accounting services to a wide range of businesses.
Jay Bauer
Jay consults with companies of all sizes and across all industries to support safe, but aggressive revenue growth. Throughout his professional career, he's seen firsthand the competitive advantage companies have when they are able harness big data and analytics to make faster, more reliable business decisions. In his role at Euler Hermes, Jay works with his clients to provide them with real-time data and insight on prospective / current customer's risk rating and ability to repay them on open terms.
Date and Time
Tuesday May 5, 2020
11:00 AM - 12:00 PM EDT
Tuesday, May 5th @ 11:oo am
Location
Virtual
Fees/Admission
Free