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What is the difference between centralized and decentralized billing?
Centralized billing is performed by a group or department in a central location to an organization. Decentralized billing is where various individuals have the responsibility to bill for their product or services from field locations. There are advantages and disadvantages of both types of billing methods. Centralized billing offers control of the workflow, easier to manage from a corporate perspective and easier for metric purposes (depending on your industry). Decentralized billing is often best used in situations where billing is complex and technical in nature. Billing information is closer to the work being performed and thus Q&A is faster (and hopefully more accurate) in a decentralized environment.
Is a perpetual inventory system is an effective means of control over inventory?
no
What is internal control systems?
Internal control systems are control procedures put in place by the management of an organisation to ensure efficient and effective operation of her activities, so as to meet the organisation's objectives.
Objective of credit control?
Objective of Credit Control is to make proper channel to execute customers order from Production to invoicing and ends with collection of payment bearing in mind the achievement of the customers satisfaction as among the output.
Characteristics of an effective internal control system?
An effective internal control system is characterized by clear organizational structure and defined roles, ensuring accountability and proper segregation of duties. It incorporates comprehensive risk assessment processes to identify and mitigate potential risks. Additionally, the system includes robust monitoring and reporting mechanisms that facilitate ongoing evaluation of control effectiveness and compliance with policies and regulations. Finally, effective communication and training are vital to ensure all employees understand and adhere to the established controls.
Which billing system is most effective if complete control is desired over the billing and collection process?
In hou
What are the function of credit control department?
The functions of the credit control department include the effective and efficient control and collection of all income and debt management.
How does the use of master price list enhance control of the billing function?
answer how does the use of master price list enhance control of the billing function?
How effective is killing weeds with hot water as a method of weed control?
Killing weeds with hot water can be effective as a method of weed control, as the heat can damage the weed's cells and prevent growth. However, it may not be as effective for deep-rooted weeds or large areas, and repeated applications may be needed for complete control.
What happens if you skip the last week of your birth control two months in a row?
Not smart, you are playing with fire. Need to complete the cycle of pills to be sure they are effective.
When was Complete Control created?
Complete Control was created on 1977-09-23.
What are three example of software's?
Airline reservation/ticketing softwareAccounting/billing softwareInventory control software
Is there any AS 400 medical billing software available?
AS/400 is a control Language for the IBM AS/400 midrange computers. There are currently now medical billing packages designed to run on this out of the box.
What is the least effective form of birth control?
Probably praying is the least effective form of birth control.
Where can you purchase a disaster recovery kit?
Most computer shops can advise you on disaster recovery kits; it is more effective to assemble your own as you will have complete control over your data.
What are the three major ways that healthcare providers can control their revenue function?
Healthcare providers can control their revenue function by optimizing billing processes to minimize claim denials and rejections, implementing effective revenue cycle management strategies to ensure timely and accurate reimbursement, and negotiating favorable contracts with payers to maximize reimbursement rates.
When was Complete Control Sessions created?
Complete Control Sessions was created on 2007-03-13.
