Blog What is Accounts Receivable? Definition, Importance, and Examples Accounts receivable refers to the money a company is owed by its customers for goods and services that have been delivered, but not yet paid for.
Blog What is cash on delivery (COD) and how does it work? Cash on delivery means the customer pays for goods upon delivery but it has drawbacks for both the buyer and the seller, like delays & risk.
Blog Instant payments: Control costs and accelerate cash flow in real-time Consumers have embraced faster payments, but businesses are lagging. Why should you care? Faster and instant payments knock out pain points for billers and payers.
Blog What is Bad Debt Expense? Definition and Methods for Estimating Bad debt refers to accounts receivable that are unlikely to be collected, and writing off a bad debt is known as “bad debt expense.”
Blog What is the average collection period formula? The average collection period is the amount of time a person or company has to repay a debt. For U.S.-based companies, it's usually around 30 days.
Blog Are your accounts receivable (AR) processes modernized? Access our four-stage spectrum on an AR team’s modernization journey and improve your AR processes.
Blog What is Accounts Payable? Definition, Process & Examples Accounts payable (AP) are debts owed to a business or individual, which can be in the form of money, goods or services.
Blog What is accounts receivable turnover? Accounts receivable turnover is an essential metric for measuring how fast a company can get the money it is owed by its customers.
