Accounts (Receivable)
This assessment delves into key aspects of accounts receivable management, from knowledge of uncollectible accounts to understanding DSO's impact and more.
Preview assessment
Accounts (Receivable) test: Mastery in managing receivables
Dive deep into the intricacies of accounts receivable management with this tailored assessment. Designed to uncover candidates' proficiency in crucial areas of financial operation, this test is your ally in identifying individuals who can maintain and bolster your company's financial health through expert accounts receivable management.
Unique features of the Accounts (Receivable) assessment
- Comprehensive coverage: Explores every aspect of accounts receivable management, ensuring a thorough understanding of each candidate's skills.
- Targeted talent assessment: Precisely evaluates the know-how necessary for managing and safeguarding a company's financial assets.
- Scenarios and real-world challenges: Presents candidates with practical tasks to evaluate their ability to apply knowledge in real-life financial situations.
- Designed by experts: Crafted with input from seasoned financial professionals, ensuring the highest level of accuracy and relevance.
- Streamlined hiring decision-making: Offers clear, actionable insights that support swift and informed recruitment actions.
Topics covered in the Accounts (Receivable) pre-screening assessment
The assessment evaluates candidates' competence in the following critical areas:
- Accounting for uncollectible accounts: Understanding various methods to manage and report on bad debts.
- DSO (Days Sales Outstanding) impact on financial health: Knowledge of how DSO affects a company's cash flow and financial stability.
- Internal controls: Familiarity with procedures and systems to safeguard customer accounts.
- Common mistakes in accounts receivable: Awareness of typical errors and how to prevent them.
- Reporting methods for bad debt: Comprehension of different approaches for bad debt reporting.
- Credit and collection policies: Understanding of financial ratios and policies for credit and collections.
- Credit memos and accounts receivable aging reports: Knowledge of the purpose and use of credit memos and how to interpret aging reports.
- Remittance advice: Insight into the importance and use of remittance advice in financial transactions.
Best use of the Accounts (Receivable) screening test
Employ this assessment to evaluate talent for a variety of roles that require strong financial acumen, particularly in managing accounts receivable:
- Accounts Receivable Specialists: Ideal for assessing the candidate's ability to efficiently manage and report on receivable accounts, crucial for maintaining the company's cash flow.
- Financial Analysts: Perfect for evaluating understanding of DSO and its impact on financial stability, along with a knack for identifying and mitigating common mistakes in receivable accounts management.
- Accountants: Offers valuable insights into candidates' knowledge of internal controls and reporting methods for bad debt, ensuring accurate financial documentation and compliance.
- Credit Managers: Assesses the candidate's comprehension of credit and collection policies, as well as their ability to use credit memos and understand aging reports, essential for a stable financial operation.
- Accounts Receivable Managers: Ideal for identifying individuals capable of overseeing the entire accounts receivable process, from internal controls to remittance advice.
Meet the subject matter expert behind the test
Emily Parker is a dynamic Account Executive with extensive experience in B2B sales, account management, and financial accounting. Specializing in accounting and auditing, Emily has a thorough understanding of US GAAP and excels in managing accounts payable and receivable. Her expertise in accounting terminology and financial processes ensures accurate financial reporting and effective client relationship management. Emily's strategic approach and strong communication skills make her an asset in driving business growth and optimizing financial operations.
Find the ideal candidate to drive your business forward with Emily Parker’s expert guidance!
Tiera Dobbins
Sarah Garner
Prem Kumar
Alex Anderson
Maximilian Rauschen
Matthias Schmeisser
Charlie Boyle
Janna Karwaski
Take the guesswork out of screening
Start making screening decision rooted in data not gut feel. Use science-backed, AI-powered assessments and get a jumpstart in finding the best talent.
Easy
We make cutting-edge people science easily applicable, so everyone can experience its unique power.
Tailored
Don't go generic. Create specific assessments using our large test library and custom questions.
Data
Wow your hiring team with easy-to-understand reports and use AI to discover unique insights.
Test Library
Choose from 400+ tests to assess your candidates. Still, can't find what you are looking for? Let our experts build it for you.
View libraryFocus on your best candidates
Don't waste your time on screening resumes and qualification calls. Let assessments do the heavy lifting and focus on your best candidates right from the start.
Build Diversity and Inclusion into hiring
Stop hiring candidates based on their resume. Use science-backed assessments to build diverse, winning teams.
Accounts (Receivable) Test FAQs
HiPeople Assessments FAQs
HiPeople is your ultimate solution for streamlining the hiring process and securing top talent for your organization. Through our AI-powered assessments and reference checks, we ensure fast, unbiased, and efficient hiring decisions. Whether you need an all-in-one platform or specific services tailored to your needs, HiPeople offers a comprehensive solution to hire talents that truly fit the job.
Getting started with HiPeople is as easy as 1-2-3! Simply book a demo or sign up for our free Assessment starter-kit, where you can test unlimited candidates and experience the power of our platform firsthand. With access to over 400 tests and the ability to create custom questions, you'll be equipped to identify top talents swiftly and efficiently. Plus, with our user-friendly interface and seamless integration with your existing workflows, you'll be up and running in no time!
Yes! HiPeople’s assessments are fully customizable. You can pick and choose from 400+ tests in the assessment library to create your assessment. Can’t find what you are looking for? You can add your custom questions as text, multiple choice, or video question. Need inspiration to get started? Use one of the 1,000+ job-specific assessment templates.
You can use HiPeople assessments at various stages of the hiring process. However, they're ideal for initial screening to quickly identify top candidates, saving time and resources.
Organizations incorporating our assessments early on in their hiring process report significant benefits: 91% less screening time, 62% faster time-to-hire, $801 cost savings per hire, and 21x fewer mis-hires. This efficiency ensures you're making informed decisions from the outset, leading to better hires and streamlined recruitment processes.
Absolutely! HiPeople's assessments are grounded in reliable data, psychological research, and a robust scientific process. Our expert science team ensures that every aspect of our assessments is evidence-based and scientifically rigorous. By leveraging People Science, we optimize recruitment processes, providing businesses with actionable insights about candidates. With modules designed to offer a comprehensive view, you can trust that our assessments provide accurate and meaningful data to inform your hiring decisions.
Absolutely! HiPeople integrates with 20+ ATS and Slack. If you cannot find your ATS in the list, reach out to us and we’ll work on getting your ATS on the list.
Related tests
What modern teams using HiPeople are saying.
“The turnaround time is great! We aren’t missing a candidate reference. Reference Checks can be a daunting task, but HiPeople makes it really easy.”
“HiPeople allows me to get mundane tasks like reference checks out of the way. Our time-to-fill went down 31% in the last year and we made 62% more hires.”
“We use HiPeople Assessments for volume hiring. With the introduction of HiPeople our work has reduced by about 50%”
“Being able to use HiPeople’s AI-enable features allows for a better screening process to make sure that we are getting the right candidates.”
“With HiPeople we are saving between 250-500 hours of screening time every year. We completely switched to a skill-based candidate assessment in pre-screening.”
“We use HiPeople to objectively assess our candidate’s skills and capabilities. The more data we have, the more we can influence our quality-of-hire.”
“HiPeople has been really helpful for us in automating the reference check process, verifying who the references are, and doing it in a much more fast and efficient way.”
“Our former reference process was really archaic, very sticky. HiPeople has really given us the ability to customize when and how we do reference checks. That is really amazing!”
