5 Payment Strategies for Optimizing Cash Flow

It is important for enterprise business owners to evaluate their account receivables (AR) management strategies, especially when operating with margin constraints. Your business may be growing and you must strategically sacrifice margins, or you may be in an industry with narrow margins in the first place. Sageworks research shows that certain industries even generate negative margins, with software publishers at -5%, beverage manufacturers at -3.7%, and manufacturers of semiconductors and other electronic component at -0.3%.  Regardless of your industry, following the five payment strategies below will ensure the positive cash flow that will feed the success of your business.

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6 Reasons Why Your Sales Team Should Work with Your AR Team

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Improving AR Management to Improve DSO

Last week, we learned that you can reduce the delta between your Standard DSO and Best Possible DSO by improving your business’ AR policies and overall AR management. This week, we will dive into the strategies and the reasoning behind them.

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Account Receivables Metrics as Customer Success Indicators

As a supplier, staying proactive with accounts receivable (AR) collections is not only good business practice, but is also good customer relationship management. How can your AR process foster better client relationships?

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5 Considerations Before Investing in Automated AR

Automated Accounts Receivable (AR) solutions optimize cash flow and represent a game-changing shift in efficiency, accuracy, productivity, and faster-realized profits. As you investigate automating your AR and collections, it’s important to address companywide concerns to ensure you’re prepared to invest.

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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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Challenges of Using a Legacy AR System

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

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What Does an Account Receivable Solution Cost?

You want to be paid for your invoices quickly and predictably. You send out invoices and hope for the best. When the money doesn’t come in, the arduous and often aggravating process of accounts receivable collections begins.

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