Blog

Online payments

If you really want to get paid faster, make it easy and convenient for your customers to pay you. When you send out a payment reminder, AR Collect provides your customers with a link to their customer portal. From there, they can select the invoices they want to pay. The can part pay or pay […]

The most important profitability ratios for your business to focus on in 2022

When it comes to managing your expenses and your increasing profitability it is essential to measure your business’s financial performance. With the many different variations of metrics used to measure success, it can become quite overwhelming to small business owners. Luckily, we’ve curated a list of the most important financial indicators for small business success.  […]

Future proof your collections process through accounts receivable automation

AR Automation streamlines your AR process, ensures compliance with local invoicing laws, and allows you to send all customer bills online, independent of their digital capabilities. You create rules based on each customer’s needs so that you may fulfil requests automatically while keeping a totally digital operation. In addition to performing these important functions, the […]

How to upgrade your AR management strategy in 2022

Even if your business is seeing constant sales and growth, ongoing cash flow problems owing to poor accounts receivable management can quickly stump your company’s growth, causing liquidity problems.  Upgrading your a/r management strategy is long overdue, and what better time than the new year. Here’s how you can unlock your cash flow by updating your […]

How to future proof your business through accounts receivables

Ensuring long-term success for your business through cash flow management As we start looking forward to a possible post-pandemic future, it’s important for us to reflect on the grave changes brought on by the global pandemic. From rapidly changing how we communicate, to how we do business; never before has the statement if you fail […]

Understanding Accounts Receivables

The what, why, and how of accounts receivables To many businesses, no matter how big or small, billing is often one of the biggest headaches they face. This often leads to a decline in business success- especially due to its direct effect on cash flow. 39% of all invoices that are recorded in the USA […]

How to Convert your aging receivables and boost your cash flow.

We get it, too many business owners’ accounts receivable can be one of the biggest headaches. Increasing cash flow is generally one of the hottest topics, but most don’t realize that these two are a double-edged sword. If your accounting department doesn’t have a strong plan of action in place as to how to collect […]

How to view accounts receivables as an asset and increase your cash flow

When it comes to accounts receivables, we as business owners tend to count it as one of the largest liabilities, due to its tendency to eat up a lot of manpower, effort, and cost. Although it’s classified on the asset side of the balance sheet, in practice it can often lead many to write it […]

Increasing your Accounts Receivable Through Automated Mails

Accounts Receivable management can often become a burden within a company. Not only does it place a burden on time management, but many resources and human capital are also allocated to this function. Automating your A/R process can help unlock not only cash flow but free up the time and capabilities of our accounting and […]

Automated Invoicing: Tips for ensuring that your invoices are paid on time

Even the most thriving of companies are often faced with the issue of cash flow, often as a direct result of subpar accounts receivable management. This may often hinder certain growth opportunities which may result in loss of revenue. Managing your accounts receivable is often seen as a burden, but really the key to the […]

Why automating accounts receivables will unlock your cash flow

Oftentimes, we find ourselves chasing after customers for payments, spending hours phoning or messaging customers, who fail to respond. Traditional A/R methods can often time be quite outdated and lead you to spend a good amount of time chasing around payments, which customers do not end up paying. Automating accounts receivable will not only help […]

Automating your accounts receivables: A Checklist

With the world moving at an incredible pace, financial leaders are faced with choosing where to spend their money and efforts. This often leads to financial managers mulling over various processes, having to choose which stream of effort needs the highest level of focus. Accounts receivables management is often within the crossfire when it comes […]

How to improve your Accounts Receivable with automated AR Collect

Accounts Receivable management is often one of the most demanding functions within the business environment. It also continuously impacts the ongoing success of the company, playing a critical role within not only the cash flow management but the bottom line of a company. The other side of the coin in terms of bad accounts receivable […]

How A/R Automation tools can help boost cash flow

Improved Accounts Receivable management can boost your cash flow quicker than any other source of funding.