V2I4P61

A Study of Account Payable and Account Receivable at Novotel Chennai Chamiers Road

Ajay kaarthik R^1* and Dr. Nagalakshmi M²

Abstract

This research explores the complexities of managing accounts payable and accounts receivable at Novotel Chennai Chamiers Road, with the goal of offering a thorough insight into their financial operations. The study includes an analysis of the company’s procedures, policies, and performance in handling its payables and receivables. Utilizing a mix of qualitative and quantitative methods, such as interviews, financial statement evaluations, and industry comparisons, this research clarifies the efficiency, effectiveness, and challenges encountered by Novotel Chennai Chamiers Road in managing its accounts payable and receivable. The results of this study enhance the current understanding of financial management.

Keywords: Accounts payable; Accounts receivable; Novotel; Financial management

Published paper: