How to Use Collecting Receivables to Increase Cash
Channel: Joy Francis, AI Automation Strategist
Date: 2023-03-20

Collecting receivables is an essential part of cash flow management for businesses. By actively monitoring and collecting overdue payments, you can ensure that your company has access to the cash it needs to grow and stay afloat. The key is finding ways to streamline the collection process and maximize efficiency while remaining fair and consistent with customers. With the right approach, collecting receivables can be a valuable strategy for increasing cash flow in your business.

By Joy Francis, Family Wealth Strategist
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