Uncollectable Balances as a Percentage of Revenue

Published On:
June 19, 2023
Authored By:
APQC
Public Content:
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Challenging and chaotic business environments teach us important lessons if we are willing to learn them. There is one lesson that seems that all organizations need to keep in mind: Cash is king. Is your finance organization doing all it can to increase its cash reserves? This article explores the measure Total uncollectable balances as a percentage of revenue, reviews the warning signs of uncollectable balances, and provides some strategies to bring cash in.