Topic: Credit control & accounts receivables
What are uncollectible accounts & how to account for bad debt
Uncollectible accounts, also known as bad debt, represent the portion of accounts receivable that a business...
Why people don't use automated accounts receivable
Accounts receivable (AR) automation offers a more efficient and cost-effective way to manage cash flow,...
Allowance for doubtful accounts & bad debt expenses: Calculation
The concepts of allowance for doubtful accounts and bad debt expenses play a pivotal role in portraying an...
Accounts receivable aging schedule: How it works, benefits, and example
An accounts receivable aging (AR) schedule is a critical tool for businesses to manage their unpaid invoices...
Outstanding receivables: How long is too long for AR to remain unpaid?
In the realm of business transactions, accounts receivable (AR) play a pivotal role in maintaining financial...
Account receivables discounting: Meaning and how it works
Account receivables discounting, also known as invoice discounting or factoring, is a financial transaction...
Automate accounts receivables, reduce late payments with Odoo and Chaser
Chaser has launched a new integration with Odoo, bringing automated accounts receivable management to...
Average collection period formula: ACP formula + calculator
The average collection period (ACP) is a key metric used to measure the efficiency of a company's credit and...
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...