How Small Businesses are Affected By Accounts Receivable Software

Accounting and accounts receivable software are becoming more powerful every day, becoming more affordable and allowing for more efficiency in small business. However, despite all the pros the software can bring to the job, such as eliminating manual tasks and helping businesses to get paid faster, not many small businesses are using it. Approximately 29 million small businesses exist in the United States, but only 5 million use accounting or accounts receivable software. That means that about 24 million companies are relying on excel spreadsheets and manual tasks to get the job done.
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The Simplest Way to Increase Cash Flow in Small Business

For small business owners, cash flow can be a double edged sword. They live by their cash flow, but at the same time it can be their biggest struggle. Being National Small Business Week, there have been a lot of tips and tricks published lately to help increase cash flow in small business. However, as great as these tips are, a lot of them just simply don’t seem achievable. Who has the hours in a week to make multiple phone calls to every customer?
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Business Frustrations Linked to Lack of Accounts Receivable Software

Invoicing customers has been proven to be a frustrating task for business owners. This is further verified by a recent study conducted by PYMNTS.Com in conjunction with Sage, a leading provider of ERP and accounting software. The study “SMB Technology Adoption” surveyed 700 businesses across America in both B2B and B2C, and the results were telling about small businesses and their lack of technology usage.
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Fixing Small Business Credit Collections Problems

Running a small business comes with its own unique challenges. Cash flow is extremely important, but sometimes it can feel like pulling teeth to get your customer’s to pay up. There usually isn’t a large team hovering over those who haven’t paid, so small business credit collections can become overwhelming.
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