Get your cash off the sidelines: Winning strategies for accounts receivable

Stop letting cash sit on the sidelines! This session will show you how to grab the keys to unlock trapped cash and optimize your organization's accounts receivable process. Presenters will describe best practices in the order-to-cash lifecycle, including how to identify areas of inefficiency, tackle payment exceptions, and automate workflows to reduce manual touches. You will hear how changes to the accounts receivable process can reduce days sales outstanding (DSO) and accelerate cash application —enabling your organization to get paid faster and increase its purchasing power.   

This session will meet the following learning objectives:

• Find out about receivables trends that are enabling improved cash flow and better buyer experiences

• Identify opportunities along the accounts receivable continuum, from the credit application process to collections, for adding efficiency to your AR workflow
  

• Discover how to post payments faster and increase cash on hand.

Our speakers are:

• Mike Watercott, Working Capital Consultant ~ U.S. Bank

• Trevor Graham, Working Capital Consultant ~ U.S. Bank

Trevor is a Working Capital Consulting at U.S. Bank. He focuses on collaborating with clients to understand their treasury management processes and enhance them. Based in Minneapolis, Trevor holds a BA from North Dakota State University.

This monthly meeting will be both in-person and virtual.  You must register for either.  In-person will be held at the West End Conference Center at 1600 Utica Ave S, Minneapolis. If you change your mind anytime the week of the event, you may lose your meal. As a virtual attendee, we will be sending a $20 GrubHub Gift Card the day prior to the event. Attendees will receive a copy of the presentation, if made available to MNAFP, prior to the event. There will be a variety of food for those attending in-person. 

Registration begins at 11:30, with lunch and the education is from noon to 1pm.

Registration Pricing for both In-Person and Virtual:

• Member Pricing $50.00 per person through Monday, December 9 per person, on and after December 10, pricing is $60 per member.
• Non-Member Pricing $70.00 per person through Monday, December 9 per person, on and after December 10, pricing is $80.00 per non-member.

Approved for up to 1.2 CTP recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.

Approved for up to 1.2 FPAC recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.

Participants will earn 1.2 CPE credits, if they attend in-person.

Program Level - Intermediate Delivery Method - Group Live 

Prerequisite - None

Advanced Preparation - A handout will be sent to all registered participants.

All cancellations must be received in writing prior to noon two days before any monthly seminar/meeting.  We encourage substitutions at any time, let us know in writing via email or the person can just check with us at the event.  All no shows will be invoiced if not already paid.  Cancellations received more than 48 hours prior to the seminar receive a 100% refund.  Cancellations not received 48 hours prior to the meeting date will not be honored.  Requests for refunds must be received via email.  For more information regarding refund, complaint and/or program cancellation policies, please contact our office at 612-910-9286.

Minnesota Association for Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.