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Receivables & payables
Managing receivables and payables is all about getting cash in the door as fast as possible, cutting costs, and making payments as late as possible. By accelerating receivables and stretching out payables, businesses are in a much better position to control their cash flow.
Receivables
An unfortunate fact of any business transactions is that customers will often postpone their sales as long as possible. Cash management, on the other hand, requires the timely collection of every sales dollar. An assertive collection program is therefore essential in managing your business