Sample accounts receivable policy template rev106 accounts receivable collection policy template excel, One often does not believe policy and procedure have nothing to do with each other. Yet it is the procedure that dictates the policy and the inverse is also correct. There are certain organizational behaviours we’ve seen that’s been emphasized more today than previously, such as security issues. This renewed focus is due in part by new laws, which legislate, these behaviors in corporate culture. Policy when recognized determines many things such as the flow of communications, the business of the business, what’s expected from its employees and what’s acceptable behavior and that which isn’t acceptable.
Policies and Procedures are essential when a business demands consistency in its everyday operations. They supply clarity and direction are liability. Policies and Procedures assist companies in fulfilling legal requirements set out from the Employment Standards Act, the Human Rights Code, the Occupational Health and Safety Act and other compliance requirements.
There is such a thing as bad policy. Many companies are constantly fighting with their clients or vendors, and have accommodated a policy that the person on the opposite end of this line is simply erroneous. In looking through some complaints recorded on line, I found that one Real Estate Management Company seldom return calls for services out there tenants. In some cases, owners do not even speak English. This really is a case whereby there is not any policy or procedure that is set up to deal with complaints. Not having process, rules, procedures or policy can be a destructive force which will eventually ruin the business and its own reputation. To be able to get around these issues the employees should all be trained on what the appropriate procedures or procedures are.
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