LearningCat: Introduction to Accounts Receivable Management
Accounts Receivable Management: Meaning, Importance, Objectives, and Best Practices
Accounts receivable management is considered an integral part of the business, irrespective of its size. This function provides the surety that the customer pays for the products or services that they received within the allocated time period. It directly affects the company’s cash flow, working capital, and profitability. What is Accounts Receivable Management? Money fuels […]
The Role of Revenue Management in Accounts Receivable
Management of finances plays an important part in the field of business. Inside, there are two key elements: first, revenue management, and second, account receivable (AR) management. If these elements are not handled with care, then the company will struggle to run cash flow smoothly, which will result in numerous problems for the business. What […]
