Funeral Home Accounts Receivable Management
Cash flow is the lifeblood of every business. With over $330 million of accounts receivable in the funeral business alone, many funeral homes struggle with getting paid in a timely manner. Implementation of payment policies and processes that work is key managing A/R. The Foresight Companies offer funeral home owners solutions that start in the arrangement room and end at the bottom line of their Profit & Loss statement. Training and management produce measurable results for immediate impact for positive cash flow. The funeral is not over until the bill is paid.
Our A/R management program offers:
- Analysis of existing payment policy.
- Analysis of current accounts receivables.
- Customized payment policy and training of staff.
- Onsite or digital training for staff.
- Continued measurement and management of A/R after completion of training.
Contact us to discuss how to improve your funeral home cash flow.