Case Studies

Account Receivables Management Visibility Improves Operations at MightyHive

Managing 150 customers’ outstanding invoices is possible. But when those invoices range from $250 to well over $700,000 and are managed by an outside source whose work you can’t see…. well that’s like a blindfold race where you hope your…

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Case Studies

How Cano Electric, Inc. Cut Their Accounts Receivable Management Time By 75%

Cano Electric, Inc. is a full-service electric company located in Fort Worth, TX. It’s owned and run by Larry and Deborah Cano who oversee 19 employees. It has been servicing about 500 customers from multi-family businesses, commercial properties and non-profit…

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Money, Receivables Management

You Might Have an AR Problem If…

If you’ve been suffering from a lack of income, and can’t quite seem to figure out why you’re having cash flow problems- it’s probably time to take a closer look at your Accounts Receivable. Practicing Receivables Management can make the…

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Money, Receivables Management

How to Word Your Past Due Letter

Late payments are a common occurrence for small businesses, but through consistent Receivables Management, you can whip all your customers into reliable, on-time payers. Besides being organized, how you word your past due letter is the most important step towards…

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Money

Get a Grip on Your Business Finances Before Year-End

With the end of the year fast approaching, now is the time to get a grip on your small business’s year end finances and receivables so you finish 2014 in top shape. With both your business and your customers’ likely…

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FG Philosophy & News, Receivables Management

The Value of Receivables Management

Receivables Management, also know as Accounts Receivable Management, is quickly becoming the hottest trend in small business finance and management. As both a phenomenal tool for business growth and cash flow, it’s quite wise to explore this concept and implement…

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FG Philosophy & News, Money

Calling Before the Due Date: How Proactive Contact Could Get You Paid on Time

Editor’s note: Pss…we have FREE call scripts to help you on your collection calls HERE In a perfect world, all of your clients would send you timely payments for each billing cycle. You could send out invoices, and the payments…

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FG Philosophy & News, Money

How to Craft the Perfect Initial Past Due Reminder Letter

Sometimes important obligations slip through the cracks. It happens to all of us: a forgotten phone call we promised to return, a utility bill payment that gets sent a few days late, an overlooked anniversary. Similar mistakes are bound to…

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FG Philosophy & News, Money

Accounts Receivable Management: 13 Tips and Tricks to Get You Paid

Ever wish you could just snap your fingers and start getting your late paying customers paying on time? Dream of your delinquent accounts miraculously mailing you in a check? Sadly there is no (yet) discovered magic that can help make…

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Trends

Accounts Receivable News: Construction Companies Wait Longer Than Ever to Get Paid

What’s happening with construction companies’ accounts receivable? Right now, in our recovering economy, we are more than well-aware that the construction industry, who took one of the hardest hits during the recession, has much to overcome. In such a hesitant economy…

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