Every successful business owner has a gameplan to manage accounts receivable. For many, that begins with automating processes where possible.| altLINE
Here's what business owners need to know about calculating the Accounts Receivable Turnover ratio to better monitor the health of their business.| altLINE
Knowing the main causes of cash flow problems is helpful, but learning about solutions in this guide from altLINE will protect you even more.| altLINE
This guide will provide the definition and formula for the 15 most important AR performance indicators for businesses across all industries.| altLINE
A factoring contract is an agreement where a small business sells outstanding invoices to third parties — known as factors — in exchange for upfront cash.| altLINE
There are numerous tried-and-true methods to increase cash flow, from implementing early payment discounts to factoring your invoices.| altLINE
The freight billing process involves more than just agreeing on terms and negotiating rates. Here's what you need to know.| altLINE
Types of invoices include: 1. Standard invoice, 2. Pro forma invoice, 3. Commercial invoice, 4. Recurring invoice, 5. Retainer invoice,| altLINE
Because slow-paying customers can seriously hinder cash flow, business owners should always consider applying late fees in contracts.| altLINE
Net 30 payment terms are one of the longer payment terms you’ll regularly find (although longer terms do exist, such as net 60).| altLINE
Net 15 payment terms, one of the more common invoice payment terms, signals to the customer how long they have to pay the invoice in full.| altLINE
New business owners may not have experience handling accounting tasks. An important first step is learning the differences between invoice vs. receipt.| altLINE
There are several different types of invoices, and the invoice type required for usage is going to be dependent on the type of transaction.| altLINE
Before invoicing a client, it's vital to know the best ways to send an invoice, how to format an invoice, and how invoicing software can help.| altLINE
Read on to learn how to sell your unpaid invoices for cash and improve your business's cash flow without hidden fees or tedious processes.| altLINE