Managing Credit, Receivables & Collections
July 2009
Tip of the Month: Median Discount at 23 Percent for Wholesale Lockbox Maintenance
Credit pros who use wholesale lockboxes are finding that their value is enhanced during the current recession. Thats because besides shortening the receivables cycle for high-dollar, low-volume, business-to-business mail payments, wholesale lockboxes deliver more complete information rapidly to the credit department and the companys finance function.
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July 2009 - Table of Contents
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