Organisations of every type and size generate some form of revenue stream. However, in today’s credit-stricken, cash-strapped economy it is vital for management to appreciate how revenue streams could become severed, restricted or terminated resulting in cash flow issues and liquidity gaps.
Dealing with customers in a co-operative manner and delivering exceptional service is key to many organisations' future success. This can be enabled by dealing with all parties in a manner that will generate accurate streams of income.
On completion of this online course, you will gain an understanding of:
- the complexity of the order to cash cycle
- the actions one can take to reduce income ‘slippage’
- how to address liquidity gaps through alternative funding of debtors
- how you can challenge the norm of how Days Sales Outstanding (DSO) is computed