LearningCat: Improving Ageing Metrics
Best Practices for Reducing Payable Aging
In India, impactful cash flow management is important because nearly 60% of Indian SME’s face liquidity concerns because of postponed payments. A study by CRISIL disclosed that Indian companies took an average of 67 days to clear supplier invoices. Managing accounts payable aging is mandatory to enhance financial health. What is Accounts Payable Aging? Accounts […]
The Use of Technology and Automation in Bills Aging
In today’s competitive business environment, a company’s ability to manage its accounts receivable is crucial. Everything begins to fall apart if you don’t maintain the flow of money. Bills aging, a system that groups past-due invoices according to the length of time they have been past due, is one of the finest methods to keep […]
Best Practices for Reducing Receivables Ageing
Managing accounts receivable (AR) is one of the vital aspects for any business. The unpaid invoices can mess up the cash flow and lead to more financial troubles. So, the question arises for a business about how to keep these receivables from aging. This guide provides straightforward strategies for the business for faster collection of […]
