Importance of Accounts Receivables Management

If your business provides products or services on credit, then you are already well aware of the strain that a delinquent account can have on your cash flow and bottom line. Unfortunately, you may have already made the faulty assumption that because a customer has come to you for a product or service then that ensures that they will pay for it. You may have already come to the realization that many customers fail to pay on time or, even worse, refuse to pay at all.

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