Leveraging Order-to-Cash For Shareholder Value

Posted

Improve Order-To-Cash to Increase Shareholder Value The Order-To-Cash (O2C) process is an area that that remains largely untapped by many businesses. However, smart and effective management of the O2C process could help to improve business performance and the bottom line. It is no surprise that more and more corporations are beginning to prioritize this strategy… Read more »

17 Practices that Improve Cash Flow

Posted

Accounts receivable collection at many companies is still done the way it was in the green eyeshade era, leaving a great deal that can be done to improve results. Like many repetitive processes, collections is a “production” operation, and can be “re-engineered” to improve cash flow, reduce DSO and slash the disputes that result from letting unpaid accounts go stale…. Read more »

Credit and Payment Scoring For B2B

Posted

There are many excellent reasons to incorporate automated credit scoring in your credit (and collection) operations, including faster and better quality decisions, enhanced customer service, more effective compliance and controls, and significantly reduced overhead. Employing credit scoring in a B2B environment is in itself a credit management  “Best Practice”, especially if you have many customers…. Read more »

Things to Consider When Hiring a Collection Agency

Posted

Every company needs a collection agency, since there will always be customers that default or who will not pay under the normal terms. Here are some ideas for your consideration when choosing an agency. If you are B2B you must select a “commercial” bad debt collection specialist, as they have experience dealing with corporate debt… Read more »

Collection Best PracticesThat Increase Cash Flow

Posted

Accounts receivable collection at many companies is still done the way it was in the green eyeshade era, leaving a great deal that can be done to improve results. Like many repetitive processes, collections is a “production” operation, and can be “re-engineered” to improve cash flow, reduce DSO and slash the disputes that result from letting unpaid accounts go stale…. Read more »

Subrogation Collection Best Practices

Posted

General Insurance executives are familiar with subrogation, the insurer’s legal right to pursue damages after paying a claim. However, it turns out that many insurers are unable or neglect to pursue their subrogation rights, or do not use best practices in doing so. This results in profit opportunities lost forever, as well as inefficiency and… Read more »

End of the year – Days Sales Outstanding

Posted

Well, here we are again – the end of another year.  While you review your balance sheet all year, December is when you scrutinize it upside down and inside out.  What did you do right throughout the year?  What can be tightened up?  Days Sales Outstanding – or “DSO” – is one of the  metrics… Read more »

Leib Receives A.M. Best Expert Designation for the 7th Year

Posted

We are very proud to announce that Leib Solutions has been selected by A.M. Best as one of a handful of companies in the world receiving the coveted “Expert Service Provider” designation for collection and accounts receivable services.