accounts receivable

One of the best ways to improve business cash flow is to work on improving the payment cycle. How to get paid faster? The right payment terms are crucial for getting paid on time.

Accounts receivable for a layman can be defined as a sum of money that an entity owes to an organization in the form of a legally enforceable claim for the payment of the goods or services bought on credit. Most business owners raise the accounts receivable in the form of an invoice which is delivered […]

E-invoicing is one of the most trending topic for the majority of the companies and public sector all over the world.  The benefits of E-invoicing serves from cost saving, cash flow to faster payments to name a few. Owing to the fast pace evolution of E-invoicing all over the world, automating business processes is the […]

43% of small organizations have customers who are over 90 days past due date, on payments. Indeed, 1 in 4 of these small organizations have several troubles collecting payments from their clients. Late paying clients are contagious among small businesses and can harm a small business’ capacity to operate. Overdue accounts cut into the business’ […]

Any Accounts receivable process has a key role to play, in the success of a company’s bottom line. The invoice collection process must be taken as seriously as the core business process. The process should be organised in such a manner, that there are no leaks in the system and the payments are duly processed […]