Improving Workflow in Accounts Receivable - PowerPoint PPT Presentation

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Improving Workflow in Accounts Receivable

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| Document management software has become popular among businesses as a tool to optimize accounts receivable processes. This software confers many benefits, such as error-free data entry as well as convenient document storage and retrieval options. – PowerPoint PPT presentation

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Title: Improving Workflow in Accounts Receivable


1
YourCompany,
More Efficient
  • 6

Easy Changes To Make Your Business Better
2
  • Offices can be very busy places with a lot of
    people, paper, and information buzzing about. The
    following presentation consists of 6 business
    areas that can easily be improved to make YOUR
    company more productive.

3
Flexible Hours
  • It feels like the 9 to 5 business model may be
    the only option for you or your employees, but
    many companies are changing that mindset and
    seeing great benefits.
  • Allowing employees to choose which hours work
    best for them can have a profound change in your
    personnels morale, performance, and commitment.
    Everyone is different some work better early in
    the morning, while others dont hit their stride
    until noon.
  • Flexible schedules can reduce absenteeism and
    tardiness, while also lowering your companys
    turnover.

4
Document Management
  • Your company can waste several hundred hours
    filing and looking for paperwork. Utilize
    document management software to make rummaging
    through documents a thing of the past let your
    computer do the searching for you. Spend your
    time dealing with the document, not looking for
    it.

5
Diverse Hiring
  • A study published in the Harvard Business Review
    showed that teams comprised of all male or all
    female members did much worse than teams that had
    both females and males.
  • In 2011, 85 of the respondents to a Forbes
    survey found that diversity was crucial to
    creating innovation having members of different
    ages, genders, backgrounds, and lifestyles will
    help the business increase its market share.

6
Automated Workflow
  • Your employees rely on each other tasks and
    documents will be passed back and forth between
    departments, sometimes many departments. Keeping
    everyone on time and on the same page with their
    document related-responsibilities will help
    everything move faster. A paperless workflow can
    be the answer when one part of a project is
    finished, the system can automatic push it to the
    next person in the chain and even alert them that
    it is ready. No need for additional emails, phone
    calls or walks around the office the project
    will automatically move forward.

7
Provide Snacks
  • In a study done by Staples, half of the
    respondents said they left the office to get
    coffee or snacks at least one time during the
    day some reported making at least five trips per
    day these breaks are totaling a whopping 2.4
    billion hours of lost work time within the U.S.
    each year. Providing your office with snacks can
    end up saving the company money in labor. Even
    employer paid snacks can save your company money
    since 100 of employer provided snacks are tax
    deductible.

8
Paperless
  • In todays economy there is a big push to go
    paperless not only for environmental reasons, but
    to instantly boost office productivity computer
    documents can be shared, updated, and sent within
    seconds. Paper wastes time and money consider
    the hours spent searching for lost or misfiled
    documents and the time involved recreating those
    files. In addition, to keep up with your paper
    output you must spend money on copiers, fax
    machines, staplers, binders, and filing cabinets
    all of these things take time out of your
    employees hands and arent required in a
    paperless office.

9
In Review
  1. Flexible Hours
  2. Document Management
  3. Diverse Hiring
  4. Automated Workflow
  5. Providing Snacks
  6. Going Paperless

These six changes can help your employees to work
faster, more efficiently, and stay happier.
10
Contact Us
  • Square 9 has developed award-winning tools for
    efficient business automation that are intuitive,
    flexible, and easy to use. Their innovative
    document management software is used in a vast
    array of industries all over the world.

For more information, please call 203.789.0889
or visit www.square-9.com.
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