Your Virtual Credit Manager
JANUARY 17, 2023
Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. The bottom line was a 13 percent reduction in Days Sales Outstanding (DSO) over a 6 month period in conjunction with invoice accuracy rising above 90 percent.
Emagia
JUNE 19, 2023
Timesheet Invoice Businesses use timesheet invoices to record the labor costs associated with specific clients in order to facilitate the billing process for those clients. Past-due Invoice Businesses use past-due invoices if customers do not pay their balance on time.
Your Virtual Credit Manager
NOVEMBER 1, 2022
Simply defined, collections is the process of contacting customers to secure payment for your invoices. For the most part collections deals with past due invoices — those not paid within established terms. 15 days or 120 days?)
Expert insights. Personalized for you.
246 
Let's personalize your content