Feb 20, 2017
Accountants can assist small/medium enterprises to reduce their Debtors' Days Outstanding by producing a Debtors Systems' Manual.
A written debtors' manual, together with targeted training of the small/medium enterprise's staff responsible for credit sales/debtors will assist an individual business to play its part in reducing Australian small/medium enterprise's debtors' days outstanding "from being the worst in the world". Described by Australian Government's Small/Medium Enterprise Ombudsman, Kate Carnell as being the "SILENT KILLER OF MODERN BUSINESS".