In this age when India has become the hot bed of startups and with such a thriving eco-system to support the startups, it is still pertinent to remember that 80-90% of startups fail, as per a report by IBM. ...
B2B Collections: So, what's it all about? Let’s solve this conundrum today. The process of collecting unpaid invoices from businesses or firms that owe money to another business is known as business-to-business (B2B) collections....
CFOs, AR Managers, and AR Collection Teams – all have different roles to play in the entire AR management process and therefore need access to different things, different information and, of course, different set of analytics....
Accounts Receivable (AR) refers to the money owed to a business by its customers for goods or services delivered but not yet paid for. It represents a company's outstanding invoices and the amount of money that customers owe the c...
Most businesses track DSO as the major metric for AR management. DSO tracks the average time it takes for consumers to make all of their bill payments – early, on-time, and late. Average Days Delinquent (ADD), on the other hand, s...
The Days Sales Outstanding (DSO) and sales turnover are interrelated financial metrics that together provide insights into a company's efficiency in managing its accounts receivable and generating sales...
A formal purchasing process is essential for all businesses, and even more for businesses that wish to scale up without any sudden roadblocks. It, not only, facilitates quicker and more effective purchasing, but also offers transp...
Managing accounts receivable is an integral part of running a business. However, it can be a tedious and time-consuming task. Reliance on manual Accounts receivable processes comes with its own issues and pitfalls, ultimately lead...
Accounts Receivable Management, in simple words, is the practice of obtaining monies from clients/ customers for products/ services within a given period of time. Organizations use AR Management to ensure that every step involved ...
The Accounts Receivable function, for any organization, is well placed to strengthen its cash flow, improve its working capital and even contribute significantly to customer satisfaction. However, efficiently managing their Accoun...
Effective accounts receivable management is critical to the success of any business, as it helps to improve cash flow, reduce bad debt, and increase customer satisfaction. As businesses grow, effective management of accounts recei...
Every CFO likes to keep his organization well capitalized. Hence Working Capital Optimization is a top of the agenda item for any CFO. A well-capitalized firm is the mark of a robust & efficient organization. While it sounds very ...