Receivables Management Archives - Funding Gates Blog
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AR Metrics, Receivables Management

How To Set Accounts Receivable Goals | Infographic

As an accounts receivable professional, you may be thinking, “of course I have a goal, my goal is to get customers to pay!” Unfortunately, that’s not specific enough to be an effective goal. To be successful, you need two things;…

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Money, Receivables Management

101 Ways to Optimize Your Receivables Management

Think about this: 43% of small businesses have customers who are more than 90 days past due on payments. In fact, 1 in 4 have serious trouble collecting payments from their customers. Late paying customers are a true epidemic and…

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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…

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Receivables Management

How to Stop Getting Ignored and Start Getting Paid:

Hello? Hello? Can anyone hear me??? There’s no denying the fact that persistence is key in Accounts Receivables. Yet, despite your greatest efforts, there are still those customers (ahem) who ignore your outreach. You’re down to the last wire and…

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Money, Receivables Management

How the Construction Industry Avoids The Risk of Non-Payment

Getting paid can be hard for any business, but getting paid in the construction industry is especially difficult. Construction industry businesses do an excellent job of prioritizing AR management- they’ve learned that a strong receivables management program is crucial to…

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FG Philosophy & News, Receivables Management

CRM for Receivables Management: What Does That Even Mean?

You might have heard¬†Funding Gates being called a “CRM for Receivables Management“, but just what does that mean? You know what CRM means (customer relationship management), and you know what receivables management is, but how do the two relate? The…

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Money, Receivables Management

The 6 Most Ineffective Ways to Manage Your Receivables

Everybody wants to get paid and everybody wants to get paid on time. Getting paid is a business of itself, and it takes diligent management of your receivables to make it happen. However, not everyone realizes how much attention receivables…

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Money, Receivables Management

Get Paid On Time: Your Receivables Starter Kit

You not only want you customers to pay you faster, but you want to get paid on time. Is that really to much to ask?¬†No! However, it can’t be done without work, so it’s time for a little small business…

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Money, Receivables Management

Receivables: Your Key to Beating the Competition in 30 Days

What metric should you use to compare your business to your competition? There may be hundreds, maybe thousands of companies going after the same customers. Your product offerings, however, may be vastly different. You may not need as much marketing…

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