For most credit managers and accounts receivable (AR) leaders, monitoring AR performance is an important part of the job. That’s why getting instant access to relevant Key Performance Indicators (KPIs) is such a valuable tool. But among all the figures and data, which are the most relevant for you to track and share within your organization? And why does sharing matter?
Sharing certain KPIs matters because expanding the cash culture throughout the organization is a major part of an AR leader’s job. Furthermore, AR performance should be everyone’s concern so it’s a good way to keep people involved and mindful about one of the company’s biggest assets.
