Case Studies
Pool Agency CEO finally found the right AR Solution!
Adam Beech CEO of Pool Agency, a successful pool service company in Phoenix, Arizona, had been looking for an Accounts Receivables solution for years. With his team focused on managing services to their growing customer base, following up with late…
Money
Collection Letter Template: Figures of Speech to Get You Paid on Time
Getting customers to pay on time is like pulling teeth. When people say they have a process to make collections as easy as ABC, their explanation is about as clear as mud. It seems like their is no REAL solution and…
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…
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…
Money, Receivables Management, Trends
Receivables Management: 5 Reasons Why Customers Pay Late and the Solution to Each Case
Next time you call a customer to follow-up on an invoice, it is important you know how to sift through the excuses they give over the phone or in an email. Unless you know the precise reason why they are…
Case Studies
Efficiency in Accounts Receivable Process Helps Platinum IDS
“FG Receivables Manager has definitely made an incredible difference in efficiency,” Jane Autrey, Platinum IDS’ Accounting Specialist noted.…
AR Metrics
Past Due as a Percentage of Total AR: A Quick Metric
There are a lot of different ways to measure the health of your account receivables and it can feel overwhelming! Each metric has some unique angle; some are monthly metrics (CEI), some are influenced by sales (DSO), some only look…
AR Metrics
How Effective is Your AR Team?
Sure, some customers will pay you on time. But most of them will need some reminding, either with a follow up email or call. It takes two to get paid; your customers to pay the invoices, and you to hold…
AR Metrics
Getting to the Bottom of Delinquent AR Metrics – ADD
Do you want to know the difference between Average Days Delinquent (ADD) and Days Beyond Terms (DBT)? Are you wondering if you need to measure both? Funding Gates has the answers! Here’s how to provide valuable insight on past due…
AR Metrics
Best Days Sales Outstanding, The Optimal AR Target
Are you feeling blue because you’re always looking at your past due AR? Look on the bright side! Best Days Sales Outstanding will tell you about payment habits of your best customers. You’re already tracking DBT to measure delinquent AR and…