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 ...

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 ...

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 ...

Everyone engaged in business will at some point encounter the challenge of collecting outstanding amounts owed. There are a variety of different approaches as well as different levels of difficulty.

Calculating an accounts receivable turnover ratio offers insight into how well a business handles the collection of its receivables. By using an AR turnover formula, businesses can determine the ...

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 ...