Accounts Receivable
Category: Accounts Receivable
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The Complete Guide to Days Sales Outstanding for SMEs
Days Sales Outstanding (DSO) lies at the heart of effective accounts receivable management. In today’s fast-paced business environment, understanding and optimizing your DSO isn’t just about knowing the numbers – it’s about having the right tools to transform those insights into action. That’s where ÉquiSettle comes in, revolutionizing how businesses manage their collections process. What…
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Understanding if Accounts Receivable is Debit or Credit?
Checkout our LinkedIn for te latest updates: Équisettle Any business that makes sales on credit understands that the account receivables are a major component of their balance sheet. Recording it efficiently is not only crucial to maintaining accurate financial statements but also essential for managing cash flow and assessing a business’s financial health. However, a…
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Choosing the best Business Management Software
Picking the right business management software is key to keeping things running smoothly and growing efficiently. Two of the most popular options are Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM). While both help businesses stay organized, they focus on different areas. This article breaks down their differences, the benefits of each, and how…
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Get 60 days of fee free transactions when you sign up for Équisettle
Details of the offer: Promotion To welcome you to ÉquiSettle, we are giving you 60 days without transaction fees (the “Promotion”)! You will not be charged any ÉquiSettle transaction fees for transactions successfully processed during the Promotion Period*. *Up to a total transaction volume limit for the region you are located in: United States: $10,000…
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Financial Metrics every business needs to increase your profit.
Planning for growth is at the heart of every successful business. To develop an accurate growth strategy, you need reliable data. Financial metrics provide exactly that: they help you plan for long-term success by offering clear insights into your business performance. By understanding what works and what doesn’t in your business operations, these financial metrics…
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How to choose the right accounting software for your stratup
Every growing business faces the crucial question: Which accounting software is right for us? The decision becomes even more critical as your business scales, bringing increased transaction volumes and complex financial operations. While the market offers numerous solutions, finding the perfect fit requires understanding both your current needs and future growth plans. Showing how Équisettles’…
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Transform Your Collections: Why Customer Experience Matters
“I’ve not received the invoice. How do you expect me to pay?”“My team has made the payment. Can you check?”“The payment failed again? It’s frustrating to keep retrying. What’s the issue?”“Can you send me the invoice again? I’ll make the payment then?” If these conversations sound familiar, you’re not alone. Every day, collections teams across…
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Modernising Accounts Receivable: A Complete Guide to AR Automation and Collection Strategies
In today’s fast-paced business environment, efficient accounts receivable (AR) management is crucial for maintaining healthy cash flow and sustainable growth. This comprehensive guide explores how modern AR automation solutions are transforming financial operations and improving collection processes. The Evolution of Accounts Receivable Management Traditional accounts receivable processes often involve manual tasks, from sending invoice reminders…