What is an Average Receivables Collection Period?

Sales is the #1 financial statement that gets the most attention, closely followed by net income. Even if the figures on paper are impressive, they don’t necessarily represent cash on hand if you operate on an accrual basis. Instead, these numbers often reflect potential revenue and net income from cash flow that hasn’t occurred—assuming you'll be paid.

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Advanced Collection Strategies for Oracle Solutions

The accounts receivable process has evolved over time and no longer requires manual processes to manage it effectively. Instead, you can decrease the amount of time it takes to manage collections with an accounts receivable automation solution that can seamlessly integrate with your Oracle ERP Cloud, JD Edwards, EBS, or PeopleSoft solution.

Free up your staff’s time, predict and accelerate cash flow, and better track every step of your receivables process with automation.  

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The Benefits of Investing in an Automated Accounts Receivable Solution

Your accounting department is arguably the most important area of your operation. If you struggle to collect payments from customers, how will you be able to keep your doors open for the foreseeable future?

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YayPay’s Going to CRF Forum and We Want You to be Our VIP!

YayPay provides technology with a personal touch, and those we build relationships with are our VIPs. This year, YayPay will be attending the CRF August Forum & Expo in Orlando, Florida on August 13-15, 2018. We will be acknowledging and treating our VIPs as the very important people they are.

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Challenges of Using a Legacy AR System

It’s no secret that many businesses are set in their ways.

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Is YayPay a CRN Emerging Vendor? Yes!

YayPay is proud of every achievement and industry honor it receives – and just recently, we were named by CRN, a brand of the Channel Company, as one of its Emerging Vendors for 2018 in the cloud category. This is the second time YayPay received an honor from CRN; in May, Liz Anderson, Vice President of Marketing, was named to CRN’s 2018 Women of the Channel.

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Be Careful About Extending Credit To Just Anyone

All business owners have their sights set on growing small businesses into big ones. To do that, they need to lock down as many customers and drive as many sales as they possibly can.

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How a Company Can Still Be Profitable with a Negative Cash Flow

 Smart business owners understand how important cash flow is to the success of their companies. Without cash on hand, it’s difficult to cover operating expenses such as salaries, rent, utilities, and supplies. When money’s tight, pursuing new opportunities is out of the question.

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