Unlocking the power of efficient cash flow management often lies in understanding and effectively utilizing key financial metrics. One such essential metric is Days Sales Outstanding (DSO)… Read More
Enterprise Resource Planning (ERP) software and the constant advancement of technology are driving a significant revolution in the finance and accounting industries. With a special emphasis… Read More
Estimating uncollectible receivables is like being a detective. It’s the process of predicting money a company won’t be able to collect from customers. By understanding this, com… Read More
In the intricate dance of financial management, one aspect stands out as a critical factor for businesses of all sizes: accounts receivables. The efficient management of accounts receivables… Read More
To effectively collect accounts receivable, you must understand the basics. Define accounts receivable and acknowledge the importance of efficient collection. By grasping these concepts, you… Read More
For home service contractors, completing your workload, attracting new clients, and keeping up to date with all the applicable codes and licensing your business needs can already be a monume… Read More
In the world of financial management, Accounts Receivable stands as a pivotal concept that can significantly impact your business’s success. This article delves into the depths of Acco… Read More
Bad debt and doubtful debt can be confusing, but it’s important to understand the difference. Bad debt refers to loans or credit that are unlikely to be paid back. Doubtful debt is whe… Read More
Accounts Receivable play a vital role in ensuring a steady stream of incoming cash, which is the lifeblood of any organization. By promptly collecting days sales outstanding invoices, compan… Read More
Purpose of Position
The credit control team is part of AWIN´s group finance team. Good credit management is essential to our organization’s healthy cash flow. Therefore the Cred… Read More
Purpose of Position
The credit control team is part of AWIN´s group finance team. Good credit management is essential to our organization’s healthy cash flow. Therefore the Cred… Read More
Cash flow management can indeed be the critical difference between a thriving, successful business and one that faces inevitable failure.
Regardless of a company’s size or industry, ma… Read More
The Cash Conversion Cycle (CCC) is a crucial financial metric that measures the efficiency of a company’s cash management and working capital utilization.
It represents the average num… Read More
Purpose of Position
The credit control team is part of Awin’s group finance team. Good credit management is essential to our organization healthy cash flow. Therefor, the Credit Contr… Read More
Is it a borrower’s market?
Or is it a lender’s market?
If you wonder why these questions are imperative in our ecosystem, allow us to run you through a few facts and… Read More
9.4Expert ScoreAutomate your Accounts Receivables with ezyCollectezyCollect is a cloud-based accounts receivable software solution designed to automate and simplify the debt collection proce… Read More
As a small business owner, understanding financial literacy is crucial for the success and growth of your venture. This comprehensive guide aims to equip you with the necessary knowledge and… Read More
Understanding Late Invoices
Late invoices can be a headache for any business owner. Understanding why they occur is key to managing them effectively. Late payments can arise for various rea… Read More
Credit risk management plays a crucial role in maintaining healthy cash flow and fostering sustainable growth. Efficient credit risk management practices are essential for businesses of all… Read More
Introduction
In today’s fast-paced business environment, the order to cash (O2C or OTC) process is critical to an organization’s financial performance. An optimal O2C process… Read More
What is working capital?
“Can’t a company just use its profits to cover its expenses?”
Well, technically, yes – but that’s not always the case. Some… Read More
We all know that cash is king when it comes to running a successful business. But did you know that timely payments are the key to maintaining a healthy cash flow? It’s especially impo… Read More
When you hear accounting software, the first company that comes to your mind is probably Tally. It is one of the most renowned and oldest software companies that has helped multiple business… Read More
What Is Credit Control?
Credit control can be defined as a process of monitoring and managing credit offered to customers to minimize the risk of bad debt, late payments, and cash flow p… Read More
Late invoices are a common pet peeve for small business owners. Many small and medium enterprises provide goods and services on credit. However, due to various reasons, their customers are n… Read More
Making a few errors when learning Xero accounting is typical if this is your first time using it.
If you want to get the most out of Xero’s robust cloud accounting system, you need to… Read More