Overview

Many customers are looking for any excuse to delay payment in today’s economy. U.S. companies continue to pay their bills beyond terms at a higher rate than prior to 2008-2009, while percentage of

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Best Practice AR Management Begins with ...five receivables antecedents or upfront operations that are critical to accounts receivable management, says John Salek, vice president, business solutions,

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Below you'll find examples of terms and conditions commonly found on invoices and different language that can be used. The list was prepared by Wanda Borges Esq., Bruce Nathan Esq., and Val Venable

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Accurate, complete and easy-to-read invoices are paid promptly. Invoices that require rework or intervention will delay payment. This is fundamental.Purchase orders (PO) are the key to accurate

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International Invoicing International invoicing or cross-border invoicing can be more complicated than regular invoicing, particularly where goods are involved. About half of the world's trade is

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Veteran credit pros are aware that there is a payment term with an intermediate level of risk to the seller: Documents Against Payment (DP) or Documents Against Acceptance (DA), also known as

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Invoices should be easy to understand. The documents should highlight important information and have a call to action (how much to pay, payment instructions, and when payments are due.) A clear,… Read More

Proactive credit executives want to avoid at all costs being labeled the “no to sales” department, and many realize that finding creative ways to seal the deal without taking on unacceptable risk

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The invoice is one of modern business's most-traveled documents, and it carries a vital mission: to ensure that the billing company receives payment for goods and/or services provided. But its

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Lowering your company’s days sales outstanding (DSO) is a challenge facing every credit professional, and pressure to do so is typically relentless. So when a credit executive comes up with a

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