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When finance and accounting professionals talk about improving cash flow – one of the tools they have in their accounts receivable toolbox has been to offer early payment discounts. The purpose of this article is to take a closer look at what’s better for your company’s bottom line – getting paid early or getting paid…

Have a plan and start early – small businesses tend to send reminders too late, when the account is severely past due or if they are in immediate need for cash. In the long term…

In order to run an efficient collection process you and your team must have a special understanding of your business and the ecosystem it operates in.

It is a common assumption that once you deliver the goods, the payment part will take care of itself. Most entrepreneurs are surprised that in real life it is seldom the situation.

The accounts receivables is a big challenge for businesses. Any business can always use additional cash to pay its vendor or invest in growth.