Sageworks, a financial information company, recently conducted a financial statement analysis and found that of the many industries in which business operate, there are ten that typically have a harder time with rapid accounts receivable collection than others. Read below to learn which industries have historically high accounts receivable days and what exactly that means
Companies have been using technology to improve performance and streamline processes for decades, but accounts receivable departments have been left behind to suffer through manual processes. While automating your accounts receivable process many not be the first thing that pops into your head when you’re brainstorming how to reach cash flow goals, many companies are
There are a lot of different terms in the accounting profession that are very unique. You would not find this type of language outside of business and accounting, which means it can become very confusing for someone who may not be as familiar to it. Most business technology currently uses these very niche terms to
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