Tips To Improve Accounts Receivable Collections

Whether you’re operating a nonprofit or for-profit business, receivables keep the doors open and efficient receivables collection can bolster your cash position. Technological advances over the past several years make it possible to drastically reduce the time it takes to get those receivables into your operating account.  In this informative episode of the First Business Bank podcast, our business banking experts, Directors of Treasury Management at First Business Bank, Melissa Fellows and Kim Preston, discuss the benefits of improving your receivables process, various options available like Remote Deposit Capture, and the potential ROI of accessing your cash sooner in a rising rate environment. #Businessloans #Financing #Businessplan #InterestRate

Om Podcasten

The First Business Bank Podcast is a podcast for business owners and leaders — anyone helping to advance the social and economic standing of their employees, investors, families, and communities. Nothing is more important to a thriving economy than visionary entrepreneurs determined to succeed. As a business-focused bank that works every day with business leaders, this podcast details what we see working in highly successful businesses today. Each episode features an interview discussing business practices on topics such as company culture, communication, financial risk, strategic planning, financial performance, business continuity plans, sales strategies, foundational beliefs, and more.