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The best possible measures to improve DSO

Managing for cash is different from managing for accounting profits or revenue. Most managers understand the basics of profit or loss, such as revenues, margins and costs. Far fewer understand the key items of the balance sheet such as accounts receivable and...

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ONE WORD MATTERS: CASH

During an economic downturn that is severe, deeper and more sustained than what one assumed before, you have to come to terms and adjust your fundamental thoughts about how your business needs to manage to achieve better results. Focus needs to shift from profit and...

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