What Do Collectors Want From Accounts Payable Departments?

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In some ways, a Collector's objectives are direct opposites to the AP Department's objectives.

Collector: Every penny of every invoice paid on time

AP: Maximization of Days Payment Outstanding (DPO)

Commonalities include:

  • Professional decorum and respect

  • Providing complete, timely & accurate information to promote efficiency for both parties

What are these efficiency drivers?

Want to learn more?

Joseph Axiak