Let's face it, managing Accounts Receivable manually is thankless work; filled with exhaustive, repetitive tasks, and the occasional upset customer (especially at scale). The endless spreadsheets, follow up calls, reminder emails, etc, can consume […]
Payment automation is a tool that you are much more familiar with that you might think-- Do you use a media platform that automatically charges you each month for its service? Then you already know how convenient it is to not have to worry about […]
Those of you familiar with QuickBooks Online or Desktop accounting software know how useful the program is for record keeping, billing, and payroll; but is the system truly fit for managing subscription billing with ease?
Looking for something to take your business to the next level? Consider examining your Quote-to-Cash process for areas of improvement.
They say the first written documents ever created were ledgers... The Accounts Receivable tools that most companies use today were created shortly thereafter. Want to get more out of your Accounts Receivable team? If you aren’t using software tools […]
Statistically, your accounting software will alert you about a new past due invoice in the next few months. There are some industries which are worse than others in the tardiness department, and can cause your account receivables department more […]
Now days, It’s most customers are surprised when companies say they don't offer electronic payment options. In a world where you can pay a friend back for dinner using a credit card or ACH transfer, many customers will wonder why they can't do the […]
Doing more with existing staff is a challenge no matter what department is involved. In Accounts Receivable, it’s vital.
Most of your customers aren’t trying to avoid paying you. They most likely forgot, the invoice was misplaced or is stuck waiting for someone to approve it.
You're probably starting to come across more and more articles about invoice software and invoice automation.
How many hours a week does someone in your accounts receivable position spend chasing down invoices? Most of us shudder at the thought. Even worse if you're a small operation and have to take valuable time away from doing what you love.
There are 3 major accounts receivable challenges every business faces. A magic fix for them all doesn’t exist yet, but there are some simple methods that could make these challenges seem much more manageable.