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Accounts Receivable Factoring Might Be a Good Option for You

Lendio

It’s how the early explorers financed their travels to the new world and how ancient civilizations funded their caravan expeditions into the Far East. You get a percentage of your receivables up front and the balance (minus the factoring fee) when the invoice is collected. How A/R Factoring Works.

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How to get paid faster: 10 pro tips to optimize payments

billtrust

How to get paid faster: 10 pro tips to optimize payments. A quick primer on payment processing The five steps of payment processing grief 10 steps to get paid faster How do you motivate customers to pay? How to control a negotiation. Share with your network: Mail.

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Stress-free accounts receivable solutions for smoother cash flow

billtrust

The five biggest challenges in accounts receivable (and how to to solve them) The importance of accounts receivable management How do you manage accounts receivable better? How to get your money’s worth: The benefits of AR automation software 4 tips on how to speed up your collections. Late payments.

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Supply Chain Finance: What It Is & How to Capitalize on It

The Esker Blog

To help their suppliers weather an economic downturn in the 1970s and ’80s, Italian automaker Fiat began using the practice to help maintain its supply chain during the recession. Side note: Dynamic discounting is a related solution often grouped together with supply chain finance. In fact, it dates back nearly 50 years.

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AP Automation: Definition and Guide

NorthOne

Automating your accounts payable (AP) process is the key to ensuring you make payments by the due date, avoid incurring late fees or penalties, and even take advantage of early payment discounts. Accounts payable is a log of your short-term debts which have not been paid. You’re also more prone to making errors.

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10 strategies for optimizing your accounts receivable to maximize your ROI

billtrust

The primary goals of accounts receivable The best KPI for accounts receivable Ten AR optimization goals you should accomplish How to get paid faster with key collection strategies How accounts receivable automation can eliminate manual tasks. Share with your network: Mail. What you’ll learn.

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How to Analyze and Improve Your AP Turnover Ratio

The Corcentric Blog

How to Improve Your AP Turnover Ratio and Strengthen Your Relationship with Suppliers We all strive to have healthy relationships, and for a company, how good or bad a relationship is with its suppliers is dependent on how financially healthy the business is.

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