Best Practices for AR & Credit Department Year-End Close

It's never too early for AR/credit departments to begin planning ahead for the all-important year-end close. Given the continued pressures to reduce costs and improve cash flow, AR and credit pros need to do everything in their power to improve their departments’ results. Implementing a number of the following steps can help make December a less grueling and tension-filled month.  Year-End Close Best Practices 1) Make sure all credit limits have been reviewed at least once during the year. Take…