The gap between making a sale and getting paid is an invisible yet debilitating problem for accounts receivable. That gap is measured by your Average Collection Period (ACP), which tracks the average number of days it takes to collect payments from customers.
If you’re concerned about how long your company waits to complete the order-to-cash process, this guide is for you. It breaks down the strategic importance of ACP, how to calculate it, and most importantly how to shrink it – improving cash flow by up to 25%.
Get the eBook to learn:
- Formulas and steps for calculating accurate ACP
- 3 tips for calculating ACP like a professional
- Actions that can lower your average collection period
