May
14
2009
Go Green, Collect the Green
Posted by Dan Cote in Hidden Cost Savings, tags: cost savings, greenThe new buzz these days is to “go green”. We at CFO2Go agree that “green is good”. One way to move your company to the green is to eliminate month end statements if you issue invoices for good/services. If an account is delinquent, pick up the phone instead of sending the statement. Any good accountant is not going to pay from the statement so by calling the customer, you:
- Let the customer know you are watching the account
- Can verify that the customer has received the invoices
- Determine if there are issues with the goods/services provided, or, the ability for the customer to pay thereby giving you the chance to establish payment terms
- Saves paper, stamps, office admin time, etc.
By “going green“, you can “collect the green” and keep your business healthy.








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