The cash flow forecast is a critical report for a business of any size or niche. Because it shows how much money you’ll receive and disburse in a given period, the cash forecast serves as a touchstone for decisions about acquisitions, payroll, investing, marketing, and more. If this vital report is inaccurate, the fallout can be potentially dire for your business.Read More
Tracking performance of an Accounts Receivable team is done, in part, by assessing key performance indicators (KPIs). Since cash flow is necessary for operations, collecting what’s owed to your organization is a vital activity.Read More
AR managers have a myriad of responsibilities. The company’s cash flow, financial forecasts, budgets, and debt collection efforts are all on your team’s task list. While much of your tracking and reporting focus is on other departments, it’s also critical to measure your internal team performance. AR analytics can be a tool used to assess your team’s effectiveness and inform personnel decisions.Read More
An aged trial balance (ATB) report contains much of the same data as the accounts receivable (AR) aging report with two primary differences: what the data intends to accomplish and how timing affects what data is displayed. One report isn’t better than the other; it is a matter of the information you need and your goals for the report.Read More
It’s not every day that we get a chance to showcase our intellectual capital and knowledge at a big event in front of tons of peers … but that’s exactly what YayPay is vying for on June 19.
YayPay is one of three finalists at ConnectWise Tech Tank Automation Nation 2018, June 18-20, 2018, in Orlando, FL. Tech Tank is a contest giving innovative developers the chance to live out their ideas on a big platform in an effort to inspire others, build a stronger ecosystem, and integrate with ConnectWise software to create a powerful solution.
The sooner your organization gets paid, the faster you can invest the money you’re paid into growing your business. On the other hand, when customer payments are slow to come in, you may experience significant cash flow problems that can make it much harder to achieve your business objectives.Read More