What are the Duties of an Accounts Receivable Specialist

Duties Of An Accounts Receivable Specialist

Every employee has value in a business. Sales teams are relied upon to close deals on goods and services, and marketing teams must consider advertising methods to make a business stand out.  However, in the accounts department of the average business, you’ll often find an accounts receivable specialist. While they are responsible for identifying cash […]

How to Calculate Net Accounts Receivable

Invoicemoney

Accounts receivable describes a business’s ability to predict payments due for products and services provided. Many companies sell products and services on credit before invoicing them with details of those purchases and a total amount to pay by a specific date.  While convenient for both businesses and their customers, there is an expected amount of […]

When there’s a client who does not pay, there’s a company that is not paid

Invoice

Soaring prices combined with commodity shortages are leaving plenty of bills unpaid. Reasons are countless, spanning from insolvency to clients simply cancelling their orders – often due to endless delivery delays. But the fact of the matter is that many clients are just not paying on time. And when there’s a client who does not […]

Payment uncertainty in economic war. How suppliers can protect themselves?

Graph

Payment uncertainty is one of the many ripple effects of the Ukrainian invasion by Russia.  After two years of pandemic that brought many businesses to their knees, the Russian invasion of Ukraine brings a blow to the hope that economic recovery would begin shortly. Far from the growth it had been hoping for post-pandemic, Europe […]