The average collection period is also referred to as the days to collect accounts receivable and as days sales outstanding. External factors significantly impact the average collection period of an organization. Understanding these factors can help businesses optimize their collections processes and minimize Days Sales Outstanding (DSO). This section will cover three primary external factors—economic …

Average Collection Period: Definition, Formula, How It Works, and Example Read More »

Your salary, tax rate, healthcare expenses, and tax savings may be different. A WageWorks® Commuter Transit Account is a pre-tax benefit account used to pay for public transit—including train, subway, bus, ferry or vanpool—as part of your daily commute to and from work. Help employees save up to 30% on dependent care costs1 with a …

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We make it easy to comply with living wage and wage parity pay regulations. Our industry leading, efficient, compliant, and comprehensive Wage Parity package is available to home health agencies and their employees in New York City and surrounding areas. We can help you provide Aides with stronger benefits that meets their needs, while reducing …

What are Dependent Care Benefits? FSA Definition Read More »