Why Board Members Care About Accounts Receivable—and the Best Metrics to Show Them

It’s the job of the board of directors to oversee the financial and legal health of your organization. The board has a fiduciary obligation to protect the interests of all shareholders. Because of this, you must keep your board apprised of company finances, and this includes accounts receivable, which is often a very significant asset on the balance sheet.  

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Upping Your Game: Accounts Receivables Team Performance

The accounts receivables team is one of the most critical teams in your company. If your AR team doesn’t collect the proceeds from invoices, the efforts of sales, marketing, customer service, and human resources are wasted.

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Get Out of the Banking Business & Start Doing AR Management Right

In an ideal world, every single one of your customers would pay you on time—if not ahead of schedule.

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4 Ways to Improve Your Receivables Performance

Running a successful and balanced accounts receivable department can be a tall order. In fact, many companies feel helpless when it comes to collecting payments on time. This is due to the fact that more than one out of every three invoices an average business sends out are paid late.

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Using AR Analytics to Measure Department Effectiveness

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.

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On Fintechs & Banks: Some Things Are Just Meant To Be

Just a few weeks ago, over 4,500 companies and 11,000 attendees made their way to Vegas in hopes to learn, share, and strike new partnerships.

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The secret sauce: 3 ways to boost efficiency with AR and collections

Back office functions get a bad rep. They do not enjoy the same amount of attention and investment as sales or R&D – primarily because they do not drive top-line growth in any obvious way. That dynamic is unfortunate, because any company would be crippled without behind-the-scenes tasks like client onboarding, billing, and collections.

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YayPay's CFO Podcast 3/28/17 - Interview with Mike LeSanto, Controller at ViralGains

Technology has transformed business in fundamental ways. For the field of accounting, it has introduced new variables in a world previously viewed in black-and-white terms.

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