11/23/2023 0 Comments Good accounts payable turnover ratioHe has gathered first-hand experience in Process Management, Market Analysis, innovation strategies, implementation, customer relationship management and control of programs. Nejal Panchal, Senior Process Manager and Market Researcher has completed Production Engineering and Bachelors in Business Administration. Graduation in commerce from Mumbai Universityĭone couple of certification course like QB ProAdvisor, & HIPPA × Quick Book Premier and Enterprise all Versions, Online Quick Book, Net Suite, TAS Book 3, Peachtree, Bill.Com, Receipt bank, Hub Doc, Xero, Sage 50 Accounting & Payroll Software, Microsoft Great Plan Dynamics, DK Danish accounting software, MYOB Australian accounting software, 1099 Tracker Accounting Software Knowledge like Creative Solution of Accounting, Good Knowledge about the US GAAP policies. His skills set includes- Managing the team of 20+ members. He always believes in building good relationship with clients no matters how big or small client is its all about making an impact and recognition so you shall not speak about yourself let others speak. He very well understands the clients requirements, deliver them qualitative services and solutions by making use to efficient technology, has seen lots of development in the industries from manual bookkeeping to automation and always optimize the new technology and implemented efficiently. He brings valuable insight into the steps and processes so that all clients receive the accounting support they need to grow profitably and have successfully retained lots of clients by delivering qualitative work and building healthy working environment. ×Īniket Ruke, having 14 plus years of experience in Accounting filed of US, Canada, Mexico, UK, Iceland & Australia country, worked for several industries and takes care of Sales Tax, GST and Vat Reconciliation. His background also includes leadership positions in top tier companies such as Tata Communications and Sify Technologies Ltd, where he was responsible for the end-to-end strategies to advance the company’s Cloud Computing position. He strongly believes in creating authentic and mutually significant long term relationships with customers. His journey of 21 plus years has seen coveted technical and managerial roles which allowed him to lead teams of exceptional sizes, develop and coordinate sales selling cycles to result in surpassing revenue targets. He brings with him 21 plus years of experience in IT Sales and Marketing, channel operations, customer-centric operations, business development, business partnerships. He is responsible for driving IBNs & CloudIBNs global growth strategy and market leadership by delivering and supporting BPM & Cloud Services. He is involved in strategic planning and implementation of technology led activities and innovations benefiting the core business. Surendra is an astute Business Strategist, Cloud Evangelist and has Business Leadership experience in creating highly effective sales teams and leading strategic sales efforts with large global enterprises. Surendra Bairagi Global Head –Sales & Strategies By doing so, Small businesses can improve their financial management and build a strong basis for growth and success by knowing the AP turnover ratio. To optimize their AP turnover rate, businesses can consider strategies such as negotiating favourable payment terms with suppliers, automating the AP process, and using technology to track and organize financial transactions. Taking these steps will improve your AP turnover ratio and facilitate greater financial security for your business. The accounts payables automation solution from Ibntech can help your business have better control over working capital and cash flow. Gaining knowledge of days payable outstanding allows AP to establish more effective payment schedules and record supplier discounts. An improved AP turnover ratio results from all of this.įinance departments can better control payables due to automation technology, which also gives them real-time access to liabilities. The advantages of investing in accounts payable automation solutions with electronic purchase orders, payables automation, automated three-way match, and automated B2B payments include quicker and less expensive invoice processing, higher compliance, fewer disputes, and improved supplier relationships. However, there are tools and services that can be used to streamline payments and find any problems with cash flow management. Improving your AP turnover ratio can help you manage cash flow and make sure your business is financially stable.
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