Q4 Success for Business Owners: Tips to Collect on Aged Receivables
An interview with Dee Bowden, author of Collect the Cash
"Collections in the business world is a puzzle. There are four pieces. There are usually sales, accounts payable, accounts receivable, and contracts.
One of the four pieces, if something goes left or something goes right, you have to figure out where the breakdown is."
In this video, Dawn Updike, PDCflow's Marketing Manager, interviews Dee Bowden, revenue recovery expert and author of the book Collect the Cash: The Sale isn't Complete until the $$$$ is in the Bank.
They discuss Bowden's success at collecting $8 million in past due receivables for a past employer and how that led her to author her book so she can help other business owners keep a healthy cash flow.
- How different departments in a business need to work together to keep cash flow healthy.
- The key ingredients of a successful AR department in any business.
- Steps businesses should take now to close out Q4 with little to no aged receivables.
Dee Bowden created Collect the Cash to teach small businesses how to solve cash flow problems.
After recovering $7.5 million for a large government agency, Bowden recognized small businesses also fall prey to revenue loss because they don’t collect their outstanding invoices. She is on a mission to serve business owners by sharing her three-step system. Bowden has 10 years of financial recovery experience in which she collected over $10 million for several companies and government agencies.
Bowden is the Author of Collect the Cash: The Sale is not Complete until the Money is In the Bank! Bowden has been featured in Forbes, Yahoo Finance, VIP Global, and Black Enterprise Magazines.