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How can technology be used to transform debtcollection processes? For many businesses, debtcollection can be an arduous, time-intensive, and at times, frustrating task. How can technology help in debtcollection? How does debtcollectionautomation work in practice?
The Formula for Average Collection Period Average Collection Period = 365Days * (Average Accounts Receivables / Net Credit Sales) Importance of Average Collection Period The average collection period sheds light on how effective debtcollection is.
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