𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐑𝐞𝐜𝐞𝐢𝐯𝐚𝐛𝐥𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 | 𝐁𝐞𝐬𝐭 𝐀𝐑 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 |𝐄𝐦𝐚𝐠𝐢𝐚

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐑𝐞𝐜𝐞𝐢𝐯𝐚𝐛𝐥𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 | 𝐁𝐞𝐬𝐭 𝐀𝐑 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧
#accountsreceivable #colletions #software #receivables #management
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Accounts receivable management is a key function in most businesses.
It consists of various processes including:
𝐂𝐫𝐞𝐝𝐢𝐭
𝐈𝐧𝐯𝐨𝐢𝐜𝐢𝐧𝐠
𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬
𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧𝐬
𝐂𝐚𝐬𝐡 𝐟𝐥𝐨𝐰 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐢𝐧𝐠
𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐝𝐢𝐬𝐩𝐮𝐭𝐞 𝐫𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧
𝐂𝐚𝐬𝐡 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐞𝐭𝐜.

Good AR management ensures payments owed to the company are collected on time.

It also ensures timely cash flow and working capital
minimizes bad debts
improves customer relationships
and reduces the number of follow-ups from staff

A well-managed, efficient system nurtures lasting customer relationships while boosting revenue and profitability.

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