A Day in the Life of an Accounts Receivable Specialist
A Day in the Life of an Accounts Receivable Specialist From the moment an order comes in through sales or customer service, AR specialists enter them into the accounting system to create the invoice, and …
Q3 DSO Report: CEI and Growth in AR SaaS
Q3 DSO Report: CEI and Growth in AR SaaS Every quarter, the Credit Research Foundation (CRF) releases a report on various collection metrics and how they have changed, broken down across …
Creating Aging Reports Manually? It’s Time for Automation
Creating Aging Reports Manually? It’s Time for Automation While hefty projected receivables amounts might look nice in terms of “money that will be coming in,” you can’t exactly pay your company’s bills with …
What Is an Aged Trial Balance Report?
What Is an Aged Trial Balance Report? An aged trial balance (ATB) report contains much of the same data as the accounts receivable (AR) aging report with two primary differences: what the …
Accounts Receivable Acronyms for Reference
Accounts Receivable Acronyms for Reference Whether you’re new to accounts receivable (AR) and collections or a bit more seasoned, it’s a good idea to brush up on some of the more commonly used …
5 Payment Strategies for Optimizing Cash Flow
5 Payment Strategies for Optimizing Cash Flow It is important for enterprise business owners to evaluate their account receivables (AR) management strategies, especially when operating with …
Improving AR Management to Improve DSO
Improving AR Management to Improve DSO   Last week, we learned that you can reduce the delta between your Standard DSO and Best Possible DSO by improving your business’ AR policies and …
What is Best Possible DSO?
What is Best Possible DSO?   While Standard DSO measures current and overdue invoices, Best Possible Days Sales Outstanding (or Best DSO) measures only current invoices. …