Will Automation Expedite Your Cash Flow?

Goods or services are sold, bills are sent and payments are received. The basic concept of accounts receivable (AR) is quite simple. However, provisions must be made to handle the complexities of doing business in the real world: How do I motivate customers to pay promptly? What happens if the grace period for payment is not met? What if a person is unhappy with my product or service and withholding payment? What do I do when the customer does pay the full amount invoiced? Now the process of…