As part of your cash flow management program, one area to look at is accounts payable.
In this post, and video below, I’ll share 4 Tactics to Improve Accounts Payable, so that you can improve wholesaler cash flow.
4 Tactics to Improve Accounts Payable
- Document where, when and how money leaves your business
- Use purchase orders
- Create checklists to document your A/P process
- Conduct regular audits of your A/P (money out) process
Watch the short video: 4 Tactics to Improve Accounts Payable
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