Account Receivable is the lifeline for revenue and a critical factor in a business’s profitability. An efficient and accurate Accounts Receivable shortens sales to the payment cycle, improves cash position, optimizes working capital, minimizes credit risk, reduces administrative cost and even improves customer communication and relationship.

But not every business is equipped with an expert Accounts Receivables department to expertly manage the receivables and accrue all the above benefits. Small and medium businesses may have to multi-task their way out of accounting while focusing on their core business functions and growth strategies – and naturally fall short of their AR goals which over time derail the operations with raise in bad debts.
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