Successfully maximized cash flow at two companies which reduced the lines of credit to $-0- (one company maintains a $3.5 million line.) Currently managing a bank balance of $1 million.
Managed accounts receivable to reduce DSO to below 40 days through daily reviews and aggressive internal collection processes. During one 5 year business cycle with $55 million in billings, account write-offs were limited to $10,000.
In 2003, instituted the paperless office. Reduced daily and monthly printed reports by downloading and storing files. Scanned all daily invoicing, deposits and Accounts Payable. Entire office can access any document on company server.
Established database to record all contact with customers by either the Sales, Parts, Service and Accounting departments. Allows employees to see which accounts are hot prospects or collection issues.