Many accounts receivable departments feel that using an automation tool is an out of reach option, prohibited by cost. However, accounts receivable automation software has become even more affordable due to SaaS options. Many times it’s even more affordable than traditional options such as adding an additional team member. Traditional invoices cost about $11.50 per
Any AR professional has heard, “the check is in the mail” or, “It is on the way” or some other version of that statement. So when you hear it, do you believe it? Most customers might truly mean it, but there are some who say that knowing they check is not on the way and
The first step of the accounts receivable management process is invoicing. It seems pretty straight forward and easy, but many times unclear invoices are at the root of late payments. Sometimes in our rush to make sure the invoice goes out, we forget a thing or too, or simply choose not to do it because
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