Editable accounts receivable writeoff template rev1062 accounts receivable collection policy template doc, Policies and processes incorporate value to the majority of companies for any variety of reasons based on the essence of your company’s business, its business, its sought after certifications, and its auditors. Businesses which argue that they don’t need anything in writing are very rich and very small or very big, with lots of layers of politics, and can be doomed to failure. The purpose of this report is to analyze the significance of writing good policies and procedures and how they offer real value to a business.
Policies and Procedures are crucial when a company requires consistency in its daily operations. They provide clarity and direction are liability. Policies and Procedures assist companies in fulfilling legal requirements set out by the Employment Standards Act, the Human Rights Code, the Occupational Health and Safety Act and many other compliance requirements.
Policies and processes should not exist as parameters that prevent employees from giving customers the amount of service they want. Policies and procedures shouldn’t be an end unto themselves in which a business considers adherence to these more important than client needs. A client fulfilled is a client who knows an organization has fulfilled their guarantees. When policies and procedures promote imagination, outside-the-box thinking, and a collaborative setting then a business produces more and much better merchandise. When it’s in the service sector, the support it sells will be superior to its rivals because its workers are firing on all cylinders and articles. In the long run, the organization, its employees and the client wins.
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