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IVAR
Learn how to use various strategies for optimizing your cash management with practical solutions on how you could reconcile as many accounts as possible every month seamlessly.
About this course
promoImage |
 |
description |
lessonOverview |
When you think of Credit and Collections, the first thing that comes to mind is probably not your month-end, quarter-end, or year-end closing processes, yet these are the most critical roles you may have responsibility for, and here is why.
Inaccuracy and visibility are the two major challenges that A/R Managers are facing right now since the month-end close process can be chaotic, messy, and complex, with information from multiple systems and activities that needs to be consolidated, reconciled, and adjusted.
Join John M. Donovan, who has managed very large global A/R portfolios for major Fortune 100 high-growth companies, as he recommends various strategies on how you could reconcile as many accounts as possible every month seamlessly.
Key Takeaways include:
- 4 Major Account Closing Challenges
- 3 Ways to Overcome Close Challenges
- Key Points to Remember while Building a Close Cycle
- Checklist Assessing the Close Process in 4 Quadrants
|
|
instructor |
name |
title |
image |
description |
JOHN M. DONOVAN |
Advisory Services Consultant, Quote to Payment |
 |
John M. Donovan is a senior financial services executive specializing in all aspects of the Order-to-Cash and back-office processes. Managed several very large global A/R portfolios for major Fortune 100 and 500 high-growth companies in various stages of delivery and transition, as well as small companies in a startup and growth mode. |
|
recommendation |
image |
tag |
title |
description |
link |
duration |
.png) |
Cash Reconciliation |
Complete Guide to Different Payment Options in Cash Application |
Watch this A/R manager’s tutorial on how to deal with processing variables in cash application. |
https://academy.highako.com/complete-guide-to-different-payment-options-in-cash-application |
30 min |
.png) |
Cash Reconciliation |
Selecting the Right Cash Forecasting Model for Your Business |
Understand how to evaluate your cash reconciliation and cash forecasting strategies to improve visibility and transparency. |
https://academy.highako.com/selecting-the-right-cash-forecasting-model-for-your-business-course |
20 Min |
|
Curriculum
-
Month-End Closure: Introduction and Challenges (~ 14 Mins)
-
Preview
Financial Close Management: Introduction
-
What Makes the Close Process Go Smoothly
-
Major Account Close Challenges and How to Overcome Them
-
Understanding the Current Status of Your Account Close: Brief Survey (~ 5 Mins)
-
What Percentage of Your Close Status Responsibilities are Manual
-
Which of Your Close Process is the Most Time-Consuming
-
How Much Time Does Your Team Spend Each Month on Your Close Process
-
What Percent of Your Close Information is Calculated on Spreadsheets
-
Close Cycle Checklist - Do's and Don'ts (~ 5 Mins)
-
Importance of Having a Close Cycle Checklist
-
10 Key Points to Remember while Building a Close Cycle Checklist - Part 1
-
10 Key Points to Remember while Building a Close Cycle Checklist - Part 2
-
Month-End Closing Process: Detailed Walk-Through (~ 10 Mins)
-
Correct Order to Follow in Month-End Closing Process
-
How to Deal with Close Timelines
-
How to Assess the Closing Process Accurately
-
A/R Manager’s Guide to Cash Forecasting and Month-End Closure
About this course
promoImage |
 |
description |
lessonOverview |
When you think of Credit and Collections, the first thing that comes to mind is probably not your month-end, quarter-end, or year-end closing processes, yet these are the most critical roles you may have responsibility for, and here is why.
Inaccuracy and visibility are the two major challenges that A/R Managers are facing right now since the month-end close process can be chaotic, messy, and complex, with information from multiple systems and activities that needs to be consolidated, reconciled, and adjusted.
Join John M. Donovan, who has managed very large global A/R portfolios for major Fortune 100 high-growth companies, as he recommends various strategies on how you could reconcile as many accounts as possible every month seamlessly.
Key Takeaways include:
- 4 Major Account Closing Challenges
- 3 Ways to Overcome Close Challenges
- Key Points to Remember while Building a Close Cycle
- Checklist Assessing the Close Process in 4 Quadrants
|
|
instructor |
name |
title |
image |
description |
JOHN M. DONOVAN |
Advisory Services Consultant, Quote to Payment |
 |
John M. Donovan is a senior financial services executive specializing in all aspects of the Order-to-Cash and back-office processes. Managed several very large global A/R portfolios for major Fortune 100 and 500 high-growth companies in various stages of delivery and transition, as well as small companies in a startup and growth mode. |
|
recommendation |
image |
tag |
title |
description |
link |
duration |
.png) |
Cash Reconciliation |
Complete Guide to Different Payment Options in Cash Application |
Watch this A/R manager’s tutorial on how to deal with processing variables in cash application. |
https://academy.highako.com/complete-guide-to-different-payment-options-in-cash-application |
30 min |
.png) |
Cash Reconciliation |
Selecting the Right Cash Forecasting Model for Your Business |
Understand how to evaluate your cash reconciliation and cash forecasting strategies to improve visibility and transparency. |
https://academy.highako.com/selecting-the-right-cash-forecasting-model-for-your-business-course |
20 Min |
|
Curriculum
-
Month-End Closure: Introduction and Challenges (~ 14 Mins)
-
Preview
Financial Close Management: Introduction
-
What Makes the Close Process Go Smoothly
-
Major Account Close Challenges and How to Overcome Them
-
Understanding the Current Status of Your Account Close: Brief Survey (~ 5 Mins)
-
What Percentage of Your Close Status Responsibilities are Manual
-
Which of Your Close Process is the Most Time-Consuming
-
How Much Time Does Your Team Spend Each Month on Your Close Process
-
What Percent of Your Close Information is Calculated on Spreadsheets
-
Close Cycle Checklist - Do's and Don'ts (~ 5 Mins)
-
Importance of Having a Close Cycle Checklist
-
10 Key Points to Remember while Building a Close Cycle Checklist - Part 1
-
10 Key Points to Remember while Building a Close Cycle Checklist - Part 2
-
Month-End Closing Process: Detailed Walk-Through (~ 10 Mins)
-
Correct Order to Follow in Month-End Closing Process
-
How to Deal with Close Timelines
-
How to Assess the Closing Process Accurately
-
A/R Manager’s Guide to Cash Forecasting and Month-End Closure