How Accounts Receivable Can Transform your Business

Contributor:
Corey York | Senior Manager, CFO Advisory

In this episode of the Industrial Manufacturing and Consumer Goods Podcast, Mike Piotrowski and Corey York explore accounts receivable (AR) optimization, a critical component for improving cash flow and overall business health. They explore why AR is more than just collecting payments, how to identify red flags, and practical strategies to unlock trapped cash without damaging customer relationships.

This is the third episode in a five-part series on optimizing working capital. Stay tuned for more actionable insights!

Listen to learn more about:

• The role of accounts receivable in working capital.
• Key indicators of AR issues, including:
• Four major levers for AR optimization:
• How AR optimization impacts customer relationships and why collaboration matters.
• Benchmarks and data sources for measuring AR performance.
• Strategic benefits of AR

Related Insights:

• Article: Working Capital Strategies: 7 Steps To Improve Cash Flow in Manufacturing Businesses
• Podcast: Industrial Manufacturing and Consumer Goods Podcast: Working Capital Optimization Explained

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