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. …
The Differences in Cash Forecast if You’re A Small, Medium, or Enterprise Business
The Differences in Cash Forecast if You’re A Small, Medium, or Enterprise Business Cash flow forecasts are critical no matter the size of your business. Knowing how much money comes in and goes out with some predictability allows …
What is an Average Receivables Collection Period?
What is an Average Receivables Collection Period? Sales is the #1 financial statement that gets the most attention, closely followed by net income. Even if the figures on paper are impressive, they …
The Benefits of Investing in an Automated Accounts Receivable Solution
The Benefits of Investing in an Automated Accounts Receivable Solution Your accounting department is arguably the most important area of your operation. If you struggle to collect payments from customers, how will you be …
How a Company Can Still Be Profitable with a Negative Cash Flow
How a Company Can Still Be Profitable with a Negative Cash Flow  Smart business owners understand how important cash flow is to the success of their companies. Without cash on hand, it’s difficult to cover …