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…

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Case Studies

An Improved AR Process is a Game Changer for West Technology Group

Founded in St. Lucia in April of 2010, West Technology Group excels at helping small and medium sized businesses maximize their productivity and profitability by providing reliable and affordable technical support. Functioning as their clients’ comprehensive IT department, their team…

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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…

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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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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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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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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…

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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…

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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…

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