Improvement of Bronto Skylift's Accounts Receivable Policy
Suoniemi, Aki-Jussi (2018)
Suoniemi, Aki-Jussi
Tampereen ammattikorkeakoulu
2018
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2018061013369
https://urn.fi/URN:NBN:fi:amk-2018061013369
Tiivistelmä
This thesis was commissioned by Bronto Skylift Oy Ab seeking a formal credit policy, which would clarify their stance on credit related issues. The purpose of this study is to showcase the created credit policy, how it was formed, what the intended effects are for Bronto Skylift, as well as future recommendations.
Bronto Skylift did not have an official credit policy prior to the one created by the author, the policy was created with assistance from Bronto management.
The reason for the timing of creating the policy is the purchase of Bronto Skylift by Morita Holdings (Japan) from Federal Signal (USA). Morita wanted Bronto to come up with a formal credit policy and the timing worked perfectly with the author’s internship.
The Policy itself was written during the two-month internship with help from Bronto staff, mainly the Director of Finance, Head of Sales and CEO. The aforementioned people were quite busy with other work, which made the process longer than anticipated.
The management at Bronto were happy with the end product, and are going to implement the Policy when it comes to future decision making.
The policy itself will be created into a PowerPoint presentation with the most vital information gathered into it, the complete policy will also be made available and stored within one of the networks Bronto uses. This will make it possible for people that have the rights to read the document to be able to access it easily.
The author will be present when the policy is unveiled to stakeholders. This will be done via physical meetings at the Tampere office, as well as Skype calls for stakeholders abroad and in different cities around Finland. The PowerPoint will be used in these training sessions, and the author as well as some management will be present to answer any questions that arise.
Bronto Skylift did not have an official credit policy prior to the one created by the author, the policy was created with assistance from Bronto management.
The reason for the timing of creating the policy is the purchase of Bronto Skylift by Morita Holdings (Japan) from Federal Signal (USA). Morita wanted Bronto to come up with a formal credit policy and the timing worked perfectly with the author’s internship.
The Policy itself was written during the two-month internship with help from Bronto staff, mainly the Director of Finance, Head of Sales and CEO. The aforementioned people were quite busy with other work, which made the process longer than anticipated.
The management at Bronto were happy with the end product, and are going to implement the Policy when it comes to future decision making.
The policy itself will be created into a PowerPoint presentation with the most vital information gathered into it, the complete policy will also be made available and stored within one of the networks Bronto uses. This will make it possible for people that have the rights to read the document to be able to access it easily.
The author will be present when the policy is unveiled to stakeholders. This will be done via physical meetings at the Tampere office, as well as Skype calls for stakeholders abroad and in different cities around Finland. The PowerPoint will be used in these training sessions, and the author as well as some management will be present to answer any questions that arise.