The new reporting (Asset Aging by Agency) will allow us to see how much is over 60 days for Unbilled AR and WIP and focus on resolving issues.
Old excuses will not get our billing out the door, or get us paid on time.
Our focus is on solutions.
-Can’t bill new year’s fees until 2nd Qtr – amend contract to allow for interim billing
-Can’t collect – send an invoice for interest when client calls explain why
-ETC
Have a solution – share the solution. Bring it to the working capital call; send it to me in an email.
We cannot continue our business as usual mentality or we will be out of business.