Process Accounts Receivable, Credit and Collections Key Performance Indicators (KPIs)
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Measure and Improve the Performance of Accounts Receivable, Credit and Collections Processes
An effective business process is built on a set of well-defined and clearly-stated business objectives. These key objectives articulate the ideal performance results that the company expects from that process. To monitor a business process so that it stays focused on reaching the key objectives, the company chooses appropriate performance measures. Careful selection of the performance measures takes a company a long way toward improving a business process.
This benchmarking tool contains key performance measures an organization should consider when processing accounts receivable, credit and collections.