Every business operation requires an essential aspect known as the order-to-cash cycle. It is a process that initiates with an order received from a customer and ends with the successful collection of payment from them. Accounts receivable management and payment collection from customers are crucial steps in this cycle. To increase business efficiency and enhance […]
No other accounting function has as much sway on the business cash flow and bottom line as Accounts Receivable. Being the lifeblood of a business in terms of revenue Accounts Receivable is the critical aspect of business accounting that needs to be efficiently managed for smooth business operations. However, the majority of the businesses face […]