Accounts Receivable
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'I've met them down in the Cost and Accounting Department, clean-shaven and in white collars. They can't see a damn thing ridiculous about themselves... only about you.' Before contracting or entering into a business arrangement, make sure your potential partner(s) will be able to honor their commitment, implement standardized controls for your extension of credit and introduce surety in your revenue recognition. L&V has standardized models to assist with your credit extension decisions, bolster your internal controls, maximize your DSO's (days-sales-outstanding metrics), and revenue recognition support (collection is a key piece!). Know your clientele. Credit modeling that utilizes both subjective and objective behavior inputs to insure the integrity of your receivables.
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