The average collection time for a small to medium sized business is 19 days. According to CashEdge’s recent 2011 Small business Payables and Receivables survey, the majority of the 405 businesses surveyed indicated that they wanted to reduce the time to collect by 50%. How can your business achieve this lofty goal? ERP systems have a series of powerful tools that can aid the collection process. Here are five easy ways to utilize existing tools with your ERP system to increase cash flow:


