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By Wayne SmithThe two basic aspects to accounts receivable management are: Granting and enforcing a credit line; and Collecting past-due balances.The purpose of the policies for establishing credit

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A cash-flow crisis may be the greatest test that a business can face. Even a profitable firm can be forced to close by a cash crunch. These crises can hit for a variety of reasons-economic downturn,

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AR folks can be heroes to a company's customers. Like when they send beautifully crafted, complete invoices, or perhaps offering cash discounts for early payments. But what about when the money

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