Late payment due to cash flow issues caused by the pandemic have increased, particularly in the industries hardest hit by the coronavirus. The economy has recovered somewhat, but it still has a long way
Collectors need more time in the new normal to contact customers and build relationships that can help increase collections and cash flow. The more time your collection team spends trying to figure out who
The benefits of having 100% digital collections are substantial for both you and your customer. Lower costs, increased efficiency, convenience and the ability to work remotely are strong incentives to get late adopters on board
Quickly converting accounts receivable to cash is always a challenge for any company. It is also a necessity for young, rapidly growing companies that are short of capital and have not established a solid
If you need to accelerate cash receipts from accounts receivable to pay suppliers or keep your company operating, one alternative to consider may be invoice factoring. When you use invoice factoring, you sell your
Invoice Factoring is a commonly used method of accelerating cash receipts from accounts receivable in some industries. It has traditionally been used by suppliers to retailers and other B2B seasonal industries, who need to
Investing in invoice automation is as close as can you get to a sure thing in business. The ROI of using invoice automation is high because the returns are large and the investment can be
Are you still processing customer invoices manually? Are your people still creating paper invoices from scratch each time you bill a customer? Are your people still folding invoices, stuffing envelopes, affixing postage stamps and
Want to join a live coffee break webinar on accounts receivable tips and tricks.
INTRODUCTION Often times we get so caught up in the day to day activities of our accounts payable work that we forget about our continuing education. As collection representatives, it’s important to keep up
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