Tips on Efficiently Managing

Accounts Receivable

Background Check and Credit History

Investigate and ask for feedback from other companies that they have previously done business with.

Set a Clear Payment Terms

Provide your client with an estimate of expenses they will incur and negotiate an arrangement that would be convenient for them—which does not sacrifice your business’ profit.

Switch to Electronic Invoicing

Gone are the days for snail mail. Technology has made it possible for businesses to send invoices by email through apps made available on the internet.

Have Multiple Payment Methods

To turn things around, add options to the company’s payment system other than PayPal and Credit Cards.

Outsource Finance Services

By partnering with a reliable AR outsourcing company, you can be assured that someone who is trained and equipped to do the job is keeping a sharp eye on your transactions.

Having Trouble with your Accounting?

Infinit-Accounting can give your business not just a lift, but a boost in managing your accounts receivable transactions.