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…
Is Accounts Receivable a Debit or Credit? Explained with Examples
Table of Contents What Is Accounts Receivable in Accounting? 2 What is so important about AR? 2 AR in Daily Business. 2 AR as Current Asset. 2 AR Bloats Risks. 3 Is Accounts Receivable Debit or Credit? (The Straight Answer)…
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.…
What’s Next for Digital Customer Experience? 2025 Trends & Tools Explained
Today, a large number of consumers seek more than simply a product. They desire an online journey that is seamless, quick, and pleasurable. Unfortunately, numerous digital customer experiences (DCX) have not met these expectations. Clunky websites, slow support, and confusing…