Billing and Collections Best Practices by Steven Bragg

Though there are certainly a number of books available that describe each author's individual preferences for collecting payment from overdue customers, I thought it would be useful to summarize all possible collection approaches in one volume.  Since collection really begins with the granting of credit and the billing process, a wide range of techniques are listed in these areas, as well.  The result is over 200 best practices, organized to be easily researched.

Content

  • Credit policies and procedures
  • Credit granting techniques
  • Invoice creation
  • Invoice delivery
  • Cash collection and application
  • Managing collections
  • Collection systems
  • Collection techniques
  • Deduction management
  • Outsourcing collections

Related Books

Accounting Best Practices Controllership
Accounting Control Best Practices The Controller's Function

Reviews

For too long, companies have focused on expenses.  In this book, Steve Bragg shows how to effectively enhance your revenues by implementing more than 200 billing and collections best practices. -- Janice Roehl-Anderson, Principal at Deloitte Consulting

This is a great resource.  The book is packed with practical tips and ideas that go right to improving the bottom line. -- Clint Davies, Principal at Berry, Dunn, McNeil & Parker

If a company cannot timely and efficiently bill and collect for its goods and services, it might as well close.  Most companies need help in this area, especially credit monitoring. Billing and Collections Best Practices provides all of the guidance and tools needed to do this task right.  Steven Bragg again has produced a useful tool for increased profitability. -- Gail Sevier, Manager of Marrs Sevier & Company