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AR MANAGEMENT BLOG

Choose Your Words Carefully: How To Write an Effective Dunning Letter
Choose Your Words Carefully: How To Write an Effective Dunning Letter According to a recent study, 93% of businesses experience late payments, and the average organization writes off 1.5% of its receivables.
4 Risky Accounts Receivable Practices To Ditch in 2022
4 Risky Accounts Receivable Practices To Ditch in 2022 Finance leaders can’t predict what’s next, but they can strengthen operations by ditching these four risky accounts receivable practices.
How Automation Is Helping CFOs Transform Accounts Receivable Into A Strategic Partner
How Automation Is Helping CFOs Transform Accounts Receivable Into A Strategic Partner For many companies, accounts receivable (AR) is strictly a function-based department. Their job is to ensure invoices are paid on time, and follow-up …
The key metrics you need to measure accounts receivable performance
The key metrics you need to measure accounts receivable performance “In God we trust. All others must bring data.” W. Edwards Deming
What Is Advance Billing and How to Account for It
What Is Advance Billing and How to Account for It Managing cash flow is critical to your business, and understanding your options for billing your customers and recognizing that revenue is key. One …
Three Ways to Use Automation and Machine Learning to Resolve Disputes and Increase Cash Flow
Three Ways to Use Automation and Machine Learning to Resolve Disputes and Increase Cash Flow When an invoice or purchase order is in dispute, it puts the payment at risk. With the payment at risk, several factors are now potentially impacted:
Top Three AR Strategies to Navigate Today’s Covid-19 Environment
Top Three AR Strategies to Navigate Today’s Covid-19 Environment Does today’s Covid-19 health crisis mean you need to change your AR strategies?
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 …