One of the main components of generating cash flow is clients paying their bills. Sales and accounts receivable collection procedures do not wait until the payment is late. The process of collecting ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...

Cash is queen in a business, and you need a cash management system. One of the most critical components of cash flow involves managing your accounts receivable. However, managing accounts receivables ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. If your accounts receivable team is working harder than ...

In July I wrote an article on “Maximize Reimbursement: 4 Strategies for Success”, which can be found by clicking here. Here is a follow-up article containing strategies on maximizing the accounts ...

There’s a well-known saying in business that “cash is king,” but it’s effective accounts receivable policies and procedures that will help your team have faster access to the cash it needs to ...

Accounts receivable is defined as an asset that reflects a future payment. In actuality, an accounts receivable is a debt. How your business deals with the debt obligation, and the terms of the debt, ...

Many contracting companies across the nation are watching with dismay as their accounts receivable climb out of the normal comfort zone. For any business, every penny counts whether times are good or ...

Discover how accounts receivable insurance protects your business from customer nonpayment and ensures financial stability by covering direct and indirect losses.