Money runs a business. If you don’t watch money closely, you can run into big problems. Many companies fail because they don’t track their cash flow. They don’t know how much money is coming in or going out. This leads…
How to Manage Overdue Accounts Receivable Without Losing Clients?
Table of Contents The Silent Crisis in Your Cash Flow.. 1 Mastering Proactive Communication. 2 Gentle First Overdue Reminders. 2 Implementing a Structured Escalation System.. 2 The 30-Day Phone Call 3 Introducing Late Fees. 3 Service Suspension Warnings. 3 Negotiation…
The Complete Guide to Accounts Receivable Journal Entries
Accounts receivable (AR) is the focus of the financial performance of any company. It shows how much money customers owe the company for products or services bought on credit. Good accounts receivable journal entries help ensure smooth cash flow. They…
Beyond Funding: How Fast-Growing Startups Win with Better Cash Management?
Table of Contents Cash Management in Startups. 3 What Is Startup Cash Flow Management?. 3 Important Startup Cash Management Components. 3 Effects of bad cash management. 3 Best Startup Cash Flow Forecast Strategies. 4 Creating a Startup Cash Flow Forecast.…
10 Essential Accounts Receivable Reports Every CFO and AR Leader Should Know
Every CFO understands that numbers tell a story, but without the proper reports, you read it as one with blank chapters. You can get a view of the revenue last month, but you still cannot get the invoices that are…
Accounts Receivable at Risk: How B2B Payment Portals Are Being Exploited by Scammers
Table of Contents What is Accounts Receivable Fraud? 2 Why AR Fraud is Rising. 3 Common Targets for Scammers. 3 The Role of Human Error. 3 Types of Fraud in Accounts Receivable. 3 How to Detect AR Fraud. 4 NCRi’s…
Delinquent Accounts in Accounts Receivable: Best Management Practices
Table of Contents What Are Delinquent Accounts in Accounts Receivable? 4 Why Customers Fall Behind. 4 The Cost of Ignoring Delinquency. 4 Why Managing Delinquent Accounts Matters. 5 Protecting Cash Flow Stability. 5 Avoiding High Collection Costs. 5 Preserving Customer…
Bookkeeping Basics Every Small Business Owner Needs to Know
Having a small business is the dream of many people, but it comes with its own burden, particularly in terms of finances. Managing customer demands, expansion strategies, and daily activities usually places bookkeeping at the bottom of the priority list.…
Improving Cash Flow Through Smart Accounts Receivable Analysis
Healthy cash flow is the oxygen of any business. Yet, many finance leaders still treat Accounts Receivable (AR) as a back-office, after‑the‑fact function rather than a strategic cash accelerator. “Smart” AR analysis flips that script: instead of simply reporting what…
Why Your Accounts Receivable Balance Is Negative (And What It Means)?
Beyond its effect on cash flow, negative accounts receivable is likely to make a business seem to owe much more money than it actually has, scaring off investors, customers and other interested parties. It can result in a defective financial…