This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
How was your accountsreceivable (AR) performance last year? This is a very important question because AR is typically one of the top two or three largest assets for a B2B vendor. The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric.
There has always been a strong correlation between the cost of funds and accountsreceivable (AR) management. As interest rates increase, the cost of borrowing money also increases for businesses. Learn More About Credit Reports Please feel free to share this newsletter with your smallbusiness customers.
AccountsReceivables (AR) require active management. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial. Laissez-faire doesn’t cut it.
Turning your inventory over faster and your payables slower will add cash to your balance sheet, as will raising capital by selling shares in your company or getting a loan or line of credit. The other option you have involves improving the performance of your accountsreceivable (AR).
Smallbusinessesare under a lot of pressure. It is therefore no surprise that smallbusiness owners’ top economic concerns are inflation, recession, commodity prices, the U.S. Extend small trial credit limits for almost all new customers, excluding those with very poor credit ratings.
Practically no one would call the process of getting a smallbusiness loan “simple.” You’ll have to meet a ton of different business loan requirements , which change depending on the loan product you want. And among those fluctuating factors might be a minimum credit score for loan eligibility. Hard credit inquiries .
Looking to dust off your business finance terminology? Here's a glossary featuring many of the most common business finance terms you may need or want to know. Accountsreceivable (AR). Accountsreceivable refers to money owed to a business by third parties like customers or clients.
Digital Transformation, the migration of business processes to digital formats, continues its march through commercial organizations, but now with AI helping to automate and digitize the last mile. Businesses have been digitizing ever since the introduction of accounting software in the 1960s.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content