Contact Us 800.405.6035
Contact Us 800.405.6035
This article underscores the vital importance of prompt payments for optimizing cash flow and securing a business’s financial stability. It offers actionable strategies like clear invoicing, transparent payment terms, automated reminders, invoice factoring and early payment incentives. By prioritizing these tactics, businesses can bolster financial stability, cut borrowing costs, seize growth opportunities, and fortify their business foundation.
As a business owner, we know the frustration of dealing with outstanding invoices all too well. In our latest guide, we’re offering tips to help you tackle those pesky unpaid invoices head-on and secure the funds you’re owed. With the strategies in this guide, you’ll minimize the impact of unpaid invoices on your business and ensure you get the compensation you deserve.
Struggling with Invoice Payments? We know how crucial it is to ensure timely payments to suppliers and service providers. But let’s face it, the invoice payment process can be a real headache. In this blog article, you’ll learn five tips to make your invoice payment process smoother and more efficient. Say goodbye to endless hours of back-and-forth and hello to a smoother, more efficient way of handling your payments.
In our latest blog post, we delve into the distinctions between invoice factoring and invoice discounting, providing you with the essential information needed to make the right financial choice for your company. Understanding the unique benefits and considerations of each option can help you access the working capital you need and ensure a stable financial future.
In our latest blog article, we reveal why invoice numbers are more crucial than you may think. Discover how invoice numbers facilitate seamless organization, minimize errors, and streamline record-keeping. Learn essential best practices, including consistency, date-based elements, and client or project codes, that can optimize your financial insights and ensure compliance.
Invoicing Best Practices for Small Businesses Invoicing can feel like a hassle when you first set up your small business. It can be exasperating to send out invoices, only to wait for payment from clients for days or weeks. Here are several best practices you can use to make invoicing easier allowing you to maintain…
10 Tips to Collect Late Invoices Without Upsetting Customers It would be wonderful if all customers paid their invoices on or before the due date. However, that is simply not the way things work. Any business running accounts receivable (AR) can expect some customers to pay late. Some people would never pay their bills if…
10 Ways to Improve Collections and Cash Flow If you manage accounts receivable (AR), you will be all too familiar with the usual excuses for non-payment. The check is in the mail, my manager is away on vacation, and we sent a payment to you last week; these are just a few tactics people use….
It’s likely you’re making at least one of these invoicing mistakes, but it’s not too late to put good practices in place. If your business sends out sales invoices, it’s a good idea to have your customers on a set billing cycle. This keeps money flowing into your company on a regular basis. Steady cash…
Try this approach to simplify your accounting process for recording invoice factoring Handling the bookkeeping of factored sales invoices is not overly complex. However, some accounting systems may complicate the process. And, if you have never recorded the various transactions associated with invoice factoring, the accounting can seem more complex than it is in reality….