Persistence is key to collecting on-time payments, but it takes a lot of time and discipline to be successful with manual accounts receivable (AR) processes. Customers that are contacted regularly for payment know you

Finding the right balance of when to remind customers of open invoices can be tricky. You don’t want to be annoying, but you also need to be paid on-time. In this sense, it is

Make it easy for customers to pay you by accepting all forms of payment including: electronic transfer, automated clearing house (ACH), credit cards, fintech payment processors such as PayPal, and paper checks. It will

The choice of invoice payment terms and conditions can ensure timely payment of your invoices. You need to consider a number of factors before deciding which payment terms to use. Choosing the wrong payment terms

Accurate invoices are a necessity to ensure that your invoices are paid on-time. Inaccuracy can lead to invoice disputes and delays in payment. Payment delays reduce cash flow and increase DSOs, a situation many

Manually creating invoices from scratch is a time consuming task. In an office with manual AR processes, invoicing is juggled with other competing priorities. Instead of making invoicing a top priority, manual offices often

If your DSOs are too high, take a look at your AR processes to see what can be done to increase on-time B2B payments. After an order ships, the order to cash process (OTC)