• THE FLAWS OF USING EXCEL FOR ACCOUNTS RECEIVABLE MANAGEMENT
    • 62

    THE FLAWS OF USING EXCEL FOR ACCOUNTS RECEIVABLE MANAGEMENT

    When a company first starts up and doesn’t have much to deal with in terms of accounts receivables, Excel gets the job done. However, it won’t be long before you end up outgrowing that system, for a variety of reasons from time wasted to data errors. As your customer base grows, so does the amount
  • SIMPLE ADJUSTMENTS TO IMPROVE ACCOUNTS RECEIVABLE EFFICIENCY
    • 58

    SIMPLE ADJUSTMENTS TO IMPROVE ACCOUNTS RECEIVABLE EFFICIENCY

    Dramatic improvements in profit can be made when a company works to improve accounts receivable efficiency. By cutting down on the time between invoice creation and receipt of payment, you are solidifying your company’s short-term survival and long-term success. By becoming more efficient, you will also become more effective with a noticeable increase in the

  • THE COMPLETE GUIDE TO EARLY INVOICE PAYMENTS
    • 56

    THE COMPLETE GUIDE TO EARLY INVOICE PAYMENTS

    Allowing customers to pay early and accepting early payments is a big change for many organizations. It changes the structure of the collections process, as accounts will have to be contacted earlier and payments will have to be posted earlier. So before you dive into offering early payments, here’s what most companies want to know

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