You have been asked to find ways to reduce Accounts Receivables at Estee Lauder Please design a strategy including offering cash discounts to customers who pay in advance and/or letting small business

You have been asked to find ways to reduce Accounts Receivables at Estee Lauder

Please design a strategy including offering cash discounts to customers who pay in advance and/or letting small businesses pay with a credit card (in that case, please study what would be the cost of accepting credit cards).

 Please prepare a response (PowerPoint or Word).  

You could provide more than one strategies and describe them in detail.