When clients owe you money, you shouldn’t have to move heaven and earth to collect it from them. If your accounts receivable system is a few years old, or still just consists of an Excel spreadsheet ...

Small business owners often extend credit to customers by allowing them to delay payment for services or products. Money owed by customers for goods or services already provided is called accounts ...

Charlene (name changed) was an attorney with a sterling reputation as a business attorney in Chicago. She was also struggling with cash flow challenges, which is what had prompted her to hire my ...

There’s a well-known saying in business that “cash is king,” but it’s effective accounts receivable policies and procedures that will help your team have faster access to the cash it needs to ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

While every business likes to make sales, sales on account are only as good as the cash that will eventually come when the customer pays her balance. As such, small-business owners often need to ...

A solid accounts receivable process ensures steady cash flow to your business, which makes it an integral part of your overall financial strategy. Modern technology has made it easier than ever for ...

David is comprehensively experienced in many facets of financial and legal research and publishing. As an Investopedia fact checker since 2020, he has validated over 1,100 articles on a wide range of ...