Reduce collection float and thereby generate cost savings

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Reference no: EM131848107

NorthAm Trucking is a long-haul trucking company that serves customers all across the continental United States and parts of Canada and Mexico. At present, all billing activities from preparation to collection are handled by staff at corporate headquarters in Bloomington, Indiana. Payments are recorded and deposits are made once a day in the firm's bank, Hoosier National. You have been hired to recommended ways to reduce collection float and thereby generate cost savings.

Reference no: EM131848107

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Reduce collection float and thereby generate cost savings : You have been hired to recommended ways to reduce collection float and thereby generate cost savings.

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