What You Should DoBy Larry Barrett | Posted 2003-03-19 Email Print
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Enron's chaotic billing short-circuited money it collected and owed others. How a SWAT Team stepped forward with a 45-day fix.When Setting Up Third-Party Billing Systems">
What You Should Do When Setting Up Third-Party Billing Systems
Pay the bill as soon as it's entered into the system. If amount is questionable, then start the reconciliation process.
Set up the system to identify missing bills immediately by programming software to alert managers when bills are late.
Write code into the system that identifies bills not fitting a "normal" profile.
There must be a single owner of the client name so data from various databases can be collected to create a summary report.