Know-It Global

AUGUST 9, 2023

One of the challenges businesses face is managing trade debtors, as unpaid invoices can significantly impact cashflow and hinder growth. Invoice Promptly and Accurately Sending out invoices promptly and accurately is vital for prompt payment. This will help significantly reduce your debtor days !

Credit and Collections 98

Credit and Collections Credit Management 98

Gaviti

NOVEMBER 16, 2023

One of the most effective ways of increasing your company’s cash flow is by ensuring that customers pay their invoices on time. It might seem like a silly question to ask in a blog dedicated to topics about accounts receivables, but there actually is no standard consensus on exactly when an account is categorized as delinquent.

Credit and Collections 52

Credit and Collections Bad Debt Debt Collections Invoice to Cash 52

Know-It Global

JULY 26, 2023

This helps reduce the time it takes to receive payments. This step minimises the risk of dealing with customers who may have difficulty settling their debts. Clear policies set expectations and encourage timely payments. Implement proactive invoicing practices Send out invoices promptly after delivering goods or services.

Electronic Funds Transfer 98

Electronic Funds Transfer Credit and Collections Debt Collections Bad Debt 98

JSP Credit Management

DECEMBER 14, 2021

One of the numerous benefits of working across different industries in the debt collection industry is that you get to see the wide variety of different payment arrangements that are adopted by different companies, and sometimes entire sectors too. Surely, everybody pays when they have been paid themselves.

Law Firms 52

Law Firms Credit and Collections Debt Collections Credit Risk 52