Accountants

Three Ways to Improve Outstanding Accounts Receivable Balances

It’s no secret that a stronger financial and working capital position is more important than ever when sustaining and growing a business. As a result, it’s imperative that your business revisit the facets of your financial supply chain to ensure…

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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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Case Studies

A Streamlined Accounts Receivable Process Helps Network Doctor Better Service Clients

As a managed services partner, Network Doctor has consistently excelled at maximizing small to mid-size companies’ efficiency by solving IT challenges. But internally, the team’s accounts receivable process was far from efficient. An Arduous Process Co-founder Paul Hilbert recalls the…

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Case Studies

AR Management at Vryian Inc. Shifts Hands Seamlessly

When the employee responsible for Vryian Inc.’s AR management went on medical leave unexpectedly, CEO Sath Sivasothy feared that the process of managing invoices for over 2,000 customers would collapse into chaos. Between distributing electronic components for a multitude of…

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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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Got Invoices?, Receivables Management

Got Past Due Invoices? Here’s How To Successfully Collect!

Past due invoices. 2/3 of American small businesses have them. In fact, it’s often estimated that 20% of all invoices will be paid late- so it’s a fact of business-life you can count on. Here how to make sure the problem doesn’t get…

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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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Management, Money, Trends

The Secret to Automating Collections without Losing the Human Element

Managing accounts receivable is about managing relationships. And with any business, some relationships are good and others are not so good. Often times, finance executives and managers tend to oversimplify the A/R process. There is a stigma associated with “collections,”…

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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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