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8 Best Practices to Adopt to Improve Accounts Receivable Processes

8 BEST PRACTICES TO ADOPT TO IMPROVE ACCOUNTS RECEIVABLE PROCESSES 01 ELIMINATE OBSTACLES TO RECEIVING PAYMENTS 02 $$.$$ PRIORITIZE CREDIT MANAGEMENT 03 ASSESS ACCOUNTS RECEIVABLE REGULARLY * 04 CONSIDER SHORTENING PAYMENT TERMS 05 CREATE A BILLING DISPUTE RESOLUTION PROCESS AUTOMATE 07 ESTABLISH A PROACTIVE COLLECTIONS PROCESS BILL ELECTRONICALLY MC MY ACCOUNTS CONSULTANT www.myaccountsconsultant.com [email protected] +1 (888) 865-5255 08

8 Best Practices to Adopt to Improve Accounts Receivable Processes

shared by myaccountsconsultant on Dec 16
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Small businesses that manage their accounts receivable effectively have a formalized process for collecting accounts receivable as well as strategies for spotting potential cash flow issues.

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