Executive Level Accounts Receivable Management

Executive Level Accounts Receivable Management

Executive Level Accounts Receivable Management     A petroleum distributor’s accounts receivable asset class will typically be its #2 or #3 largest dollar balance sheet item. It is not uncommon for more dollars to show up in accounts receivable than in real...
Credit and Cyber: Insurance and Best Practices

Credit and Cyber: Insurance and Best Practices

Credit and Cyber: Insurance and Best Practices Leykell Presentation Slides Holmes Murphy Presentation Slides Fool me once, shame on you; fool me twice, shame on me. The old adage works well in many situations, but some threats are too significant to be fooled even...
Stepping Away from the Credit Decision

Stepping Away from the Credit Decision

Stepping Away from the Credit Decision     Most petroleum company owners work very hard in the nuts and bolts of their businesses. Many are mult-generational folks who have literally grown up in the warehouse, driving a truck or helping with the sales...
Top Strategy for Avoiding Customer Late Pay

Top Strategy for Avoiding Customer Late Pay

Top Strategy for Avoiding Customer Late Pay   A petroleum company’s cash flow health is typically tied directly to customers paying invoices on time. Late paying customers quickly bleed away already slim margins and profits, in addition to adding significant...