Financially Simple

Tips to Manage Accounts Receivable

Informações:

Sinopsis

In episode 122 of Financially Simple, Justin gives some tips on managing your Accounts Receivable. How to get paid, without any hassle, and on time - it makes running a Business so much easier! Justin lists 19 tips on making the payment process easier for your customers, and less of a headache for you. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! ARTICLE TRANSCRIPT: BLOG: 19 Tips for Improving Accounts Receivable Collections   TIME INDEX: 00:27 - Tips to Manage Accounts Receivable 01:16 - 1- Get Organized 02:44 - 2 - Expedite the Invoicing Process 03:13 - 3 - Use the Credit Limit 03:57 - 4 - Revise Customer Payment Terms 05:15 - 5 - Creatively Communicate 05:52 - 6 - Start Early 06:19 - 7 - Change Your Billing Cycle 06:51 - 8 - Offer Multiple Payment Options 08:20 - 9 - Don't Wait 08:55 - 10 - Remind Remind Remind 10:12 - 11 - Stay Professional 10:52 - 12 - Maintain Positive Relationships with Customers 12:10 - 13 - Collection Call 12:54 - 14 - Prepare