09 Jun
Growth Hacking Guide for SMEs: Post-Covid-19
Growth dilemmas in SMEs are not anything new. Business leaders often face dilemmas when their objectives are not matched by the resources available to achieve them. These can occur annually, quarterly, or even weekly. Arguably, you can wing it and perhaps you are even successful once or twice. However, in order to bridge the gap
03 May
All you need to know about Accounts receivable sof...
Accounts receivable software, also called AR software, is an indispensable tool for entrepreneurs, finance professionals and AR specialists. This article delves into the details of what AR software is, and its uses. What is accounts receivable (AR) software? Accounts receivable (AR) software helps a business keep track of money that is owed to it by
03 May
Strategies to improve Cashflow for your Business
Maintaining a positive cashflow is very important for any business that wants to be profitable. Improving their present cashflow is the aim for most businesses, in hope for growth. Of course, the matter is easier said than done, so this article goes into the details of what a cashflow is, and how to improve it.
27 Apr
Best practices for Account Receivables Management
Proper cash flow management is always essential for any organization. One of the causes of cash flow problems is poorly managed Account Receivables. Don’t assume that just because a customer purchased your product or services that they will pay you in a timely manner or at all. Slow-paying customers may require you to draw down
27 Apr
How to risk assess your accounts receivables?
Risk is inherent to each and every business process, but in the accounts receivables, excessive risk creates big downstream problems. Cash flow, client relationship, performance, and more all depend on your collections processes. As such, a rigorous accounts receivables risk assessment process mainly helps you to identify potential areas that may trip you up over
27 Apr
What is Account Receivables Management?
Account Receivables Management is a financial process that helps companies to manage processes, track and collect all accounts receivables. The objective is to convert the receivables into cash as quickly and effectively as possible. Account Receivables Management Importance A significant part of any company’s asset is Account Receivable. It helps in generating cash inflow in
27 Apr
Why Is Account Receivables Management Important?
What benefits do companies who utilize account receivables management software often recognize? To put it most simply, using account receivable management is like hiring the perfect employee who always follows your direction, never lets anything fall through the cracks, and works 24/7. While this is attractive enough by itself, let’s get into the tangible importance
02 Apr
Top Account Receivables (AR) Survival Strategies I...
Account Receivables are vital for any business, as day-to-day operations greatly depend on it. It is where you have to draw money to pay your employees, finance your company’s daily expenses, and grow the business which is why payments must be collected on a timely and regular basis. Without the expected funds, companies are evenly
24 Mar
Accounts Receivable Collection Best Practices
Accounts receivable (AR) collection is a major part of any business. It involves collection of money owed to the business from customers, sometimes past its due date. The process, when done efficiently, keeps the cash flow to the business smooth, and helps the business stay in good financial shape. Why use better AR collection practices?
