Umair Shafiq, Author at NCRi

Best Practices for Collecting Overdue Payments

In any business, cash flow is essential to maintaining operations and ensuring growth. When clients delay or fail to make payments on time, it can disrupt your financial stability. Overdue payments can quickly pile up, affecting your ability to cover…

Integrating Real-Time Payments into Your Existing Systems

In an age where immediacy is the new norm, real-time payments are transforming the way businesses and consumers interact financially. Imagine a world where transactions happen at lightning speed—no delays, no waiting periods, just instant gratification. As companies strive to…

Accounts Receivable Trends to Watch in 2025: What’s Changing?

Did you know that late payments cost businesses an estimated $600 billion annually? This staggering figure underscores the critical importance of effective accounts receivable management. AR represents the money owed to your business by customers for goods or services sold…

Cash Flow Optimization Through Better Accounts Receivable Practices

Did you know that businesses are more likely to collapse from a lack of cash, not a lack of profit? It’s a harsh reality, but it highlights the critical importance of cash flow for any company, big or small. Imagine…

How AI-Powered Fraud Prevention Tools Will Change AR Management in 2025?

Fraud in accounts receivables (AR) is a real headache for businesses today. You’ve got invoices disappearing, payments going astray, and those pesky chargebacks popping up more often. Traditional fraud detection methods? Let’s just say they’re feeling a bit outdated. Spreadsheets,…

Top Strategies for Effective Debt Collection in 2025

Top 10 Strategies for Effective Debt Collection in 2025

How can businesses effectively recover debts while maintaining positive relationships with their customers? As we enter 2025, this question becomes more pressing than ever. With rising consumer debt levels and evolving regulations, organizations must adapt to new technologies and strategies…

What to Expect in Accounts Receivables Management in 2025?

Looking at 2025 and the months ahead, the way businesses manage Accounts Receivable is set to change meaningfully. Trends like self-servicing, predictive analytics, self-agent, real-time payments, and a stronger focus on the customer experience are driving smarter and more efficient…

How to Set Credit Limits in Accounts Receivable Management?

Did you know that 82% of small businesses fail due to poor cash flow management? Don’t let yours be one of them! Setting credit limits is critical to accounts receivable management, but many businesses overlook this process. If you’re not…

The Impact of Accounts Receivable Management on Business Growth

Did you know that poor cash flow management causes 82% of businesses to fail?Small businesses face an even bigger challenge. They can’t access nearly a quarter of their monthly revenue because of unpaid invoices. Many companies struggle to grow simply…

How to Handle Late Payments and Improve Collections in Account Receivables?

Late payments can feel like a heavy weight on your business. They disrupt cash flow, stall growth, and create unnecessary stress. As an entrepreneur or financial manager, dealing with late payment management is likely one of the challenges you face…

Author: Umair Shafiq (page 4)