Posted on: January 18, 2021 | By: Robert Joynt | Uncategorized
In an environment as competitive as today’s, it is important to ensure quality in your product. This does not just mean having a quality check right before your product ships to the customer, but instead means prioritizing quality throughout the entire process. This may seem like quite the undertaking, but a well-executed quality process will improve efficiencies and decrease cost over time. Here are some helpful tips to include in...
Implement Deduction Management!
Posted on: December 31, 2018 | By: Andy Vitullo | QAD Financials
QAD's Enterprise Edition Financials has a robust Accounts Receivable Deduction Management tool. If your customers typically take deductions on their payment remittances, Deduction Managment will enable your Accounts Receivable team to better manage these payment issues. Customers typically take deductions because they believe they are entitled to the deductions. These deductions can be a result of the following: Discounts are taken outside the discount window. Product Quality issue have resulted...