Articles by: Amaya Woods
What is a soft credit check? Soft pull vs hard pull
When applying for a business loan or credit card, you may encounter two types of credit checks: soft pulls...
Business credit scores: what they are & where to get yours
A business credit score is a numerical representation of a company’s creditworthiness and financial...
How to ask for payment professionally in message
Asking for payment can be a delicate situation, especially when dealing with clients or customers. Striking...
Early payment discount: what is it & how and when to use it?
In today's fast-paced business environment, managing cash flow effectively is crucial for maintaining...
What is a write off & how companies use it
Navigating the world of finance can often feel like entering a complex maze of terminologies. One such term...
What is an accounts receivable aging report?
What is AR aging? An accounts receivable aging report summarizes the age of outstanding invoices and provides...
Fair debt collection practices act (FDCPA): definition and rules
The Fair Debt Collection Practices Act (FDCPA) are the federal collection agency laws that protects consumers...
What is an accounts receivable journal entry? Quick guide
An accounts receivable journal entry is a critical component of the accounting process for businesses that...
What is accounts receivable factoring? Examples & benefits
Accounts receivable factoring is a financial transaction where a business sells its outstanding accounts...
What is accounts receivable insurance and how does it work?
Navigating the financial aspects of a business can be challenging, particularly when dealing with unpaid...
What is the accounts receivable turnover ratio?
The accounts receivable turnover ratio is a financial ratio that measures how efficiently a company collects...
5 overdue payment reminder text message templates
In today's fast-paced business environment, it's essential to have effective strategies in place for managing...