Understanding Accounts Receivable to transform your operations
Dear Sir/Madam,
Having a streamlined Accounts Receivable process is essential for businesses to thrive. This can lead to improved customer relationships, on-time invoicing and increased efficiency – helping companies reach new heights of success.
In this newsletter, we have handpicked these essential articles that provide you with useful information and invaluable advice, to help you truly understand and use them effectively to transform your financial operations. Get ready to unleash the full potential of Accounts receivable today – it’s time watch your business grow!
To see other business or outsourcing strategies and insights sharing, please take a look at our Newsletters or BPO Trends and Updates sessions.
Best regards,
Valerie Vu
Marketing Manager
Businesses keep track of all the money their customers owe them using an account in their books called Accounts Receivables. From A-Z, we’ll uncover critical knowledge that will equip you with a broader view.
Many business owners don’t realize how important it is to have a solid account receivable management strategy, and as a result, their businesses suffer. The following Accounts Receivable best practices can make life easier for you, your team, and your customers.
Accounts payable and accounts receivable are often confused and understandably so as they both represent the funds going in and out of your business. To assist you in better understanding these two bookkeeping fundamentals, we have put together a detailed comparison.
The efficiency with which a business is able to collect on its receivables or the credit it gives to clients is measured by the Accounts Receivables Turnover. Let’s uncover how these metrics impact the financial health and further advance business objectives.
Accounts Receivable Aging is an essential tool for businesses of all sizes, as it helps identify late customer payments and gather on customer debt. Let’s discover its numerous benefits to a business, and tips for effectively managing your Accounts Receivable.
Accounts Receivable Software is essential for any business to efficiently track customer payments and know exactly what they’re owed at a moment’s notice. In this article, we will help you stay up-to-date on the best Accounts Receivable Software of 2023.
