News From The Receivable Management Services Corporation (RMS)
RMS Offers Free Credit & Collection Measurements Poster
September 14, 2010
RMS, the leader in business-to-business Accounts Receivable (A/R) Management and Business Process Outsourcing (BPO), has created a quick reference poster of commonly used credit and collection measurement equations including ones used for collection effectiveness, Days Sales Outstanding (DSO), and debt and liquidity ratios. Available for free by simply placing a request on the company web site at www.rms-iqor.com (look for the green button at the center bottom of the home page), this 11” x 17” poster is both attractively designed and perfectly sized to hang in any credit and collection professional’s work area. It is also a great item to provide to new personnel joining a credit and collections team. “
“As a credit professional, I would love to have this kind of information hanging at my desk for quick and easy reference,” commented Pat Sand, CCE. “Today, with businesses asking their employees to wear more hats and shoulder more responsibility, I think having valuable data like this at your fingertips would be even more important. Getting it for free is the icing on the cake!”
Also included on the poster is a chart showing how write-offs impact sales by placing an actual dollar value on what additional sales are required to be brought in to make up for specific amounts written-off. This chart is an excellent tool when working to get sales personnel to support the collections efforts of the accounts receivable department.
The Receivable Management Services Corp. (RMS), headquartered in Bethlehem Pennsylvania, provides working capital optimization through Business Process Outsourcing (BPO) and Recovery Services worldwide. RMS (www.rms-iqor.com) furnishes outsourcing capabilities in areas encompassing the entire order-to-cash cycle complimented by additional services such as customer contact and data entry. Recovery Services range from traditional collections up through legal litigation and bankruptcy services. RMS is a proud team member of iQor (www.iqor.com); providing business process outsourcing to companies worldwide.
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