Direct Method Cash Flow: A Field Guide
When it comes to cash flow statements, the direct method provides a crystal-clear picture of your business's financial health. Unlike the indirect method, which can be convoluted, the direct method...
A Guide to Accounts Receivable Management Software
Technology has transformed accounts receivable management. Using advanced software tools helps you improve cash flow, reduce Days Sales Outstanding (DSO), and bolster customer relationships. These...
Is Accounts Receivable Debit or Credit?
Accounts receivable is an integral part of your business's finances. It's the money customers owe you for goods or services you've provided on credit. However, figuring out whether accounts...
Order-to-Cash (O2C) Explained in 5 Minutes
The order-to-cash (O2C) process can make or break your business. From the time your customer places an order to the moment you receive their payment, every step in between must be carefully...
What is Annual Recurring Revenue (ARR)?
Does your business charge clients regularly (like every month or year)? If so, it's helpful to know about Annual Recurring Revenue (ARR). This represents the total amount of money your company...
Bad Debt: A Comprehensive Overview
Bad debt refers to receivables you’re unlikely to collect because of customer bankruptcy, disputes, or other financial difficulties. In B2B accounts receivable, this can significantly affect your...
All About AR Aging Reports
An Accounts Receivable (AR) aging report is a vital financial tool that shows the amount of money owed to a company and how long that money has been outstanding. This report categorizes receivables...
B2B Payments: A Field Guide
Business-to-business (B2B) payments are the transactions made between two companies. These payments form the backbone of the business world, facilitating everything from everyday operations to...
Best Accounts Receivable Automation Software
Efficient financial management is the backbone of any successful business, and accounts receivable (AR) is a critical component of this process. As companies grow and their financial operations...
5 Ways to Improve Your Accounts Receivable Management
The best way to continue a strong cash flow within your business is to manage your accounts receivable correctly. A proactive approach allows you to meet financial commitments and foster growth,...