Operations, finance and costs

Signed Delivery Overdue Receivables

The management of the receivable should begin with the contract node and form a view of the entire process of payment to the customer.

ZhiHua Tech Original Course2 minutes 14 secondsFAQs and solutions in enterprise informatization

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DIRECT ANSWER

Let's see what we can do.

The management of the receivable should begin with the contract node and form a view of the entire process of payment to the customer.

VIDEO NOTES

The video content of this issue is read

The following are structured textual interpretations of the video for the current period, which allow for quick reading, internal discussion and search; it is not verbatim subtitled. Around “Customs have signed up, why receivables are still being collected late”, it is suggested that a distinction be made between apparent phenomena, business causes and system improvements before deciding whether process adjustments, data governance, systems integration, automation or customization development are required.

1. Nodes that, after signing, will still block the return of the money

The management of receivables should start at the contract node and form a view of the entire process of delivery to the payback. For this point of judgement, the actual tasks, documents, communication records or system logs should be drawn to check frequency, waiting time, back-to-work costs, responsible positions and exceptions.

2. Financial sharing of sales projects

The management of receivables should start at the contract node and form a view of the entire process of delivery to the payback. For this point of judgement, the actual tasks, documents, communication records or system logs should be drawn to check frequency, waiting time, back-to-work costs, responsible positions and exceptions.

3. How to provide early warning of the risks receivable

The management of receivables should start at the contract node and form a view of the entire process of delivery to the payback. For this point of judgement, the actual tasks, documents, communication records or system logs should be drawn to check frequency, waiting time, back-to-work costs, responsible positions and exceptions.

WORKFLOW DESIGN

What should we do with this scene?

The reasons for the distortion or delay in operating data are seen in cash flows, quotations, receivables, fees, monthly balances, statements and budgets. Around “clients have signed up, why accounts receivable have been delayed in collection”, real input, expected output, tool privileges, manual clearance, unusual processing and operational acceptance indicators should be defined before deciding whether to use rules, scripts, API, Codex or other AIAgents.

01Signing and receiving will still block the payback.

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

02How the sales project finances are shared

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

03How to provide early warning of the risks receivable

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

IMPLEMENTATION PATH

Suggested paths for improvement

  1. 1
    Harmonization of master data, subject and business calibre

    Selecting recent and representative tasks and anomalies, identifying participants, input outputs, time and current costs.

  2. 2
    Connect orders, deliveries, invoices, payments received and charges

    Distinction between actions that are self-executing, that require manual confirmation and that prohibit automatic processing.

  3. 3
    Create budget, actual and projected rolling comparisons

    Start with the draft, a copy or a limited scene, and keep the abnormal transferer and retreat.

  4. 4
    Use an abnormal list to facilitate timely processing by those responsible

    Continuous observation of accuracy, adoption, processing cycle, error and real business results.

ACCEPTANCE

How to automate the receipt and inspection is really effective.

The acceptance cannot be based solely on whether a single demonstration runs. The following results should be observed continuously using independent samples and real anomalies, and pre-modification baselines of the same calibre should be maintained:

  • Whether the business statements can be traced back to the business documents
  • Shorter monthly closing and reconciliation cycles
  • Early exposure to receivables, costs and budget anomalies
  • Whether management sees the same set of credible data

The authorization, approval, audit and manual takeover must also be verified when it comes to the amount, customer commitment, privacy, compliance, production change or deletion operations.

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