The scenario
A company needs a standardized accounts receivable collection process that categorizes overdue invoices by aging bucket and triggers appropriate follow-up actions to reduce bad debt.
What is in this drawing
Read the decisions behind it.
01
Payment received by due date?
02
Assign aging bucket
03
Payment received after follow-up?
04
Negotiate settlement or write-off?
Use for AR teams to define collection workflows, aging-based dunning strategies, and escalation paths for overdue receivables.
More like this