Accounts Receivable Best Practices You Could Be Doing Right Now

When you have a smaller credit and collections team, it can eat up a lot of time calling customers that are overdue on payments. There simply aren’t enough hours in a day to do all the work, or so it seems. However, what a lot of companies with smaller accounts receivable departments aren’t doing is putting accounts receivable best practices into place. Creating a plan using best practices for collections prioritizes actions, which means you can spend time going after customers that owe you the most. We’ve highlighted 5 of the most important accounts receivable best practices that you can put into place now.

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