Did you know that about 82% of small businesses fail due to cash flow problems.? Integrating AR with your ERP system can be a game-changer for financial visibility, cash flow management, and overall business efficiency. Let’s dive into why this…
Most Dependable Ways to Increase Your Account Receivables Management
Account Receivables Management (ARM) is like a guardian angel for businesses, protecting them from the dangers of unpaid bills and cash flow troubles. Without it, companies face the agony of a cash flow problem, missed growth chances, damaged relationships, and…
Why is Bookkeeping Services Essential to Your Business?
There is one element in the humming, complex world of business that protects the wellness of the company’s finances and allows it to expand. It’s the unsung hero that records all of your business’s dealings, monitors cash flow, and reveals…
What is a Debt Collector and Why Are They Contacting Me?
There is nothing scarier than having a stranger call you and tell you that you owe money. Right now, there must be a million questions in your head “Why are they calling me?”, “Who is the debt collector?” and most…
A Guide to Your Credit Management Strategy
Credit management consists of granting credit to your clients, extending a payment plan, payment recovery, and ensuring both the customer and company comply with the predetermined credit policy. Ideally, credit management would be; extending payment terms to clients where they…
Optimize Account Receivables with Automation
Automating your account receivable processes means you will use software to do tasks that were otherwise done manually. These tasks are time-consuming, repetitive and carry huge risk or error. It would have been a walk in the garden if we…
Gain Financial Stability – Learn How AR Can improve your Cash Flows
Cash flow is the capital that you receive and that which has to be paid by you. It’s the sum total of the inflow and outflow of cash, the inflow must be equal to or greater than the outflow to…