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5 Common Challenges Faced by A/R Teams That Can Be Overcome Through Automation

Gaviti

But many don’t consider it a problem until the receivables are “very” late (a different definition at every company, but usually an invoice reaches this definition at around 60 days). Although there are tax benefits of writing off bad debt, it still negatively impacts the company’s bottom line.

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Why is B2B Credit Automation Critical in The Digital Era?

Emagia

While all of them are critical for businesses, cash flow has a definite edge over others because it is more real than the others. However, it is crucial for businesses to perform a credit check on the customers before extending credit, to avoid loss of revenue by way of bad debts.

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25 Ways You’re Killing Your Savings: STOP Making These Mistakes

Due

A person who spends more than he or she earns is definitely in over their head. It is very likely that you will end up in debt if you only pay the minimum each month on your credit card balances or if you only contribute a small amount to the principal balance. Is there a limit to how much debt one should have?

article thumbnail

25 Ways You’re Killing Your Savings: STOP Making These Mistakes

Due

A person who spends more than he or she earns is definitely in over their head. It is very likely that you will end up in debt if you only pay the minimum each month on your credit card balances or if you only contribute a small amount to the principal balance. Is there a limit to how much debt one should have?