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Coursera

Billing & Accelerate Collections

Coursera via Coursera

Overview

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Transform your ability to streamline billing operations and accelerate cash collections in today's digital accounting landscape. This course empowers accounting professionals with the essential skills to systematically apply billing policies for accurate invoice generation and leverage aged-receivables analysis to optimize collection strategies. This Short Course was created to help accounting professionals accomplish efficient billing and collections management that directly impacts organizational cash flow. By completing this course, you'll be able to execute high-volume invoice processing with precision, calculate and monitor key performance indicators like DSO, and create data-driven collection priority lists that maximize financial recovery. By the end of this course, you will be able to: Apply billing policies to generate accurate and compliant customer invoices Analyze aged-receivables and DSO metrics to prioritize collection efforts This course is unique because it combines tactical billing execution with strategic collection analytics, providing immediate workplace application through realistic batch processing scenarios and financial dashboard analysis. To be successful in this course, you should have a background in basic accounting principles and familiarity with business invoicing processes.

Syllabus

  • Module 1: Apply Billing Policies for Accurate Invoice Generation
    • This module introduces the essential components of effective billing policies, including customer identification, service and product descriptions, pricing and tax calculations, payment terms, compliance requirements, and quality controls for high-volume invoice processing. Learners will explore how standardized billing frameworks improve invoice accuracy, reduce disputes, support cash flow, and maintain compliance at scale.
  • Module 2: Analyze Aged-Receivables and DSO for Collection Prioritization
    • This module introduces the essential components of strategic cash collections, including data-driven cash flow management, frameworks for aged-receivables analysis, Days Sales Outstanding (DSO) calculation methods, double-entry transaction recording, and CFO-level collection prioritization. Learners will explore how analyzing aged-receivables and DSO metrics optimizes collection efforts, maximizes financial recovery, transforms cash flow management, and supports strategic financial decision-making.

Taught by

Professionals in the Industry

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