Why Companies Underestimate How Finance Teams Affect the Bottom Line | Recent

One of the greatest ironies in business is that finance handles the money, but companies do not view them as income-generating. Managers feel this way even though the accounts receivable team directly impacts cash flow and the company’s ability to meet its financial obligations. Why does this happen, and what can you do to ensure…

In the spectrum of accounts receivable (A/R) collection techniques, there’s a recurring theme you’ll find: The majority of A/R optimization strategies teach companies how to collect receivables faster. It makes sense, of course. A/R collections are a question of cash flow, and few businesses these days can afford to provide services without promptly collecting on…

An accounts receivable (A/R) analysis report is a tool used to assess your A/R in aggregate, giving you a better understanding of cash flows. A complete accounts receivable analysis cannot be achieved with one method, so teams will need to combine several techniques. Fortunately, analysis of receivables is straightforward enough with the right tools behind…