Automating AR: Putting Control in the Hands of Customers
Considering how much faster and less expensive it is, electronic delivery of customer invoices would be standard procedure in virtually every company, if accounts receivable professionals had their way. One top ERP software vendor has estimated the cost of mailing a single invoice to be as high as $15 USD. In study after study, IT analyst research has found that the average U.S. company can save up to millions of dollars every year by sending invoices electronically.
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Ellen DePasquale - The Software Revitalist™
Ellen DePasquale, founder of Efficient Office Computing, is a well-known software expert. She brings more than 20 years of software experience to her consulting, training, writing and public speaking. Ellen has “redefined” software training to be more personalized and goal-based. Her classes and materials are designed around the software features that produce desired results, rather than the typical soup-to-nuts approach.
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Ideas in Motion is a monthly column designed to focus on best practices within CPA firms and organizations involved in providing technology related services.
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Budgeting and Profit Planning: Flexible Budgeting - Part 13
This is the 13th article in a series about Budgeting and Profit Planning. The following article continues it's focus on Flexible budgeting started in article 12. The following article provides an example of flexible budgeting and discusses the advantages of a flexible budget over a fixed budget. This material is adapted from The Automated Accounting Systems and Procedures Handbook (John Wiley, New York 1991) Chapter 11.
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This column presents a new accounting system concept each month that may be applicable to your organization.
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