AI-Powered Collections: Introducing Agentic Procedures
The accounts receivable turnover ratio measures how effectively a company is collecting payments. It compares net credit sales to average accounts receivable. A higher ratio means the finance organization is collecting faster, which improves cash flow and frees up working capital.
Interested in more performance metrics for accounts receivable? Check this out!
The 20 Best KPIs for Accounts Receivable: A Strategic Guide by Functional Area
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