What is the billing and collections workflow in this course?

In this course, the billing and collections workflow means creating accurate invoices by applying billing policies consistently and then using receivables analysis to guide follow-up. The focus is on making billing repeatable and compliant first, then using collection data to decide where attention should go next.

When would you use this billing and collections workflow?

You would use it when invoices need to be produced accurately and collections effort needs to be directed in a structured way. It is especially relevant in high-volume or fast-moving environments where billing mistakes and unfocused follow-up can slow payment.

How does this workflow fit into a broader accounting workflow?

It sits between everyday transaction processing and ongoing receivables management, linking invoice creation to collection follow-up. In the course, it is presented as a connected process that starts with correct billing information and continues through monitoring overdue accounts and setting priorities.

How is this billing and collections workflow different from handling billing and follow-up as separate steps?

A connected workflow treats invoice accuracy and collection priority as parts of the same process rather than unrelated tasks. The course emphasizes that clear billing policies support cleaner invoices upfront, which makes later collection analysis and follow-up more consistent.

Do you need any prerequisites before learning this billing and collections workflow?

A basic understanding of accounting principles and familiarity with business invoicing processes are helpful before starting. This is a beginner course, but it assumes you can follow invoice details, payment terms, and receivables information.

What tools, platforms, or methods are used in this course?

The course focuses on accounting and billing work rather than a specific software platform. The main methods are applying billing policies in batch invoice processing and using aged-receivables analysis with DSO tracking to prioritize collections.

What specific tasks will you practice or complete in this course?

You will practice validating customer and invoice details, applying pricing, tax, and payment-term rules, reviewing invoice batches, analyzing receivables by aging category, and ranking accounts for collection follow-up. You will also work with DSO and related collection indicators so you can organize routine reminders, targeted outreach, and escalation decisions.

Billing & Accelerate Collections

This course is part of Accounts Payable & Receivable Operations Specialization

Instructor: Hurix Digital

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2 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

1 hour to complete

Flexible schedule

Learn at your own pace

2 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

1 hour to complete

Flexible schedule

Learn at your own pace

What you'll learn

Applying billing policies ensures compliance, accuracy, and steady cash flow while reducing disputes and delays.
Aged-receivables and DSO metrics provide insight for proactive, targeted collections.
Data-driven collection prioritization boosts recovery rates and improves resource use.
Accurate billing plus strong collection analytics supports long-term cash-flow health.

Skills you'll gain

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This course is part of the Accounts Payable & Receivable Operations Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 2 modules in this course

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.