When you as a business extend credit to a customer you are in effect lending them the money to pay for the product or service you sold them. However, unlike a bank, you don’t

CRM software is, surprisingly, one of the more common tools used for debt collection. However, this attempt to use their existing CRM software to manage the credit and collections process rarely ever ends with

The first step of the accounts receivable management process is invoicing. It seems pretty straight forward and easy but many companies (especially smaller companies) flounder to get invoices to customers in a timely manner

Business credit applications are critical to help businesses assess and manage credit risk because they will, if you use them correctly, help you identify companies who you may want to be careful with when

What’s it like to use accounts receivable management software? To put it simply, using accounts receivable management software is like having the perfect child or, to keep it relevant, hiring the perfect employee. The

Having sales and profits is great, but having cash flow is even better. Many companies forget about this important nuance in business. Many bankruptcies in businesses boils down to the fact that they are struggling

[vc_row][vc_column][vc_column_text]Accounts receivable is one of your greatest assets. It is what keeps your business a float and where most of the focus should be, especially during times when cash flow is slow. The accounts receivable

[vc_row][vc_column][vc_column_text]Businesses can’t run without an ERP system. Without a system to automate many redundant tasks, businesses would be lost and unable to fulfill all of the sales made to clients. All of the information of

Collecting accounts receivable is no easy task; it takes a combination of organization, persistence, and patience. Every communication you send to your customers either gets you closer to or further away from being paid.