Top 10 Things CFOs Should Know About ERP - #8

I am starting off the new week with number 8 on my list which is eroding margins. When a business' accounts receivables are on the rise so are its cash flow problems. In the manufacturing industry, in particular, many companies operate with low quantity/high cost products making timely payments a priority. An ERP solution tracks payment dates and amount of money owed to the business so that the organization can appropriately plan and scale back operations based on cash flow.