Analysis of the Effectiveness of Accounts Receivable Management at PT. PLN (Persero) ULP South Manado

Effective receivables management not only serves to ensure stable cash flow, but also contributes to operational efficiency and competitiveness between companies. The purpose of this study is to find out how effective the management of receivables in PT. PLN (Persero) ULP South Manado. This study uses a qualitative descriptive approach with data collection methods through interviews and documentation related to receivables and postpaid electricity sales. The results of the study show that the management of receivables at PT. PLN (Persero) ULP South Manado has been running effectively, characterized by a high turnover rate of receivables and an average period of receivables collection that is far below the maximum standard. An integrated recording and billing system and a comprehensive collection strategy also play an important role in reducing the amount of outstanding receivables and maintaining the company's liquidity.