Many small businesses extend credit to their customers as a matter of course without evaluating the cost and consequences of doing so. In most cases you will want to continue selling to your customers on credit but you should understand what it costs you, take reasonable steps to reduce this expense, and consider some alternatives.
Billing customers may seem like a simple task. Send an invoice and wait for your money to come in. So why is it taking so long every time? It may not simply be problems on your customer’s end, but little mistakes you’re making along the way in the billing process. These can be mistakes that
Many professionals outside of the AR department, and maybe those who are active in AR, feel as though asking or demanding payment from customers will negatively affect your customer relationships. Fortunately, this widely held belief is just not true. Your customers will not get upset or leave your company because you asked for payment for
Anytime Collect is a leading CLOUD-BASED accounts receivable software. Made specifically for businesses selling on credit terms, Anytime Collect AUTOMATES invoice dispute management, cash forecasting, customer communications, invoice presentment, online bill pay and credit management. The entire collections process becomes QUICKER AND EASIER.