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The Ultimate EOFY Survival Guide for Credit Managers

Publish date Jun 21, 2017

 

credit management

 

Grab your helmet, put your gloves on and buckle up. EOFY is here; and it will slap you silly if you let it.

Saving you time, increasing your profits and managing your stress levels; this is your ultimate go-to guide for the busiest time of year.

If you find yourself hiding under the table with a mug that says ‘This could be vodka’, chances are you need to read this guide. NOW.

Plan, Plan, Plan

Adopt a plan to tackle your tasks head on. This is where programs that automate workflow come in. You need resources that benefit the business by improving time, cash flow and efficiency. This is how the big shots get things done… and there’s no better time to jump on board.

Don’t cut corners

Do everything that needs to be done, and do it properly. Pick up the phone if you have to. Follow up three times. It will save you money; and your KPIs will thank you for it later.

Stop for coffee

Maybe this should be number one? STOP. Stop for coffee, stop for air. Take a breath and then dive back into the land of no return…

Avoid surprises

Your EOFY balance sheet should not surprise you. Make sure you avoid any nasty financial discrepancies by ensuring that your expectations are realistically in line with your assets and liabilities.

However you decide to tackle this EOFY – keep it simple and time savvy when the pressure is high and motivation is melancholy.

Visit www.iodm.com.au to find out how you can make life easier this EOFY, and avoid drinking under the desk, Godspeed!