Enterprise Recovery: Accounts Receivable

NOVEMBER 15, 2024

Following up on past-due invoices and delinquent accounts can be a full-time job. If you're considering outsourcing debt collections or handling them in-house, this post can help clarify the benefits of outsourcing. However, it is invaluable to your business's bottom line.

Collections 82

Collections Financial Operations Financial Operations Invoicing 82

Accounting Today

JULY 18, 2024

The top state takes in $7,200 in tax per capita.

Collections 344

Collections Tax 344

Enterprise Recovery: Accounts Receivable

DECEMBER 6, 2024

B2B debt collection requires an understanding of effective strategies to mitigate delinquent accounts. Also, technology and professional debt collection services can enhance the ability to recover outstanding debts and maintain healthy financial operations.

Collections 87

Collections Financial Operations Financial Operations Accounting 87

oAppsNet

MARCH 6, 2025

In today’s fast-paced business environment, managing accounts receivables efficiently is more important than ever. The constant need to maintain healthy cash flow, reduce manual workloads, and speed up payment cycles has made collections automation a game-changer for businesses of all sizes. The solution? Where does it slow down?

AR Collections 52

AR Collections Collections AR Account Receivables 52

RevCycle

DECEMBER 19, 2024

As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. Technological Advancements: As technology evolves, there may be new regulations regarding the use of AI and automation in debt collection.

Collections 71

Collections Revenue Cycle Revenue Cycle Management Billing 71

Accounting Today

MAY 18, 2022

(..)

Collections 280

Collections Tax 280

Accounting Today

DECEMBER 8, 2023

Accounting Today's annual collection of the thought leaders and changemakers who are shaping the profession — and their snacks.

Accounting 274

Accounting Accounting Collections 274

Xero

FEBRUARY 12, 2025

” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. “When my debtor workflow is turned off, people stop paying me almost immediately.” “I’m the same as any other small business owner.

XERO 202

XERO Certified Bookkeeper Bookkeeping Collections 202

Accounting Today

SEPTEMBER 20, 2023

The top three states had an average change percentage of 215.76% between 2021 and 2022.

Collections 307

Collections Tax Corporation Tax 307

oAppsNet

JANUARY 28, 2025

Collections management is more than just chasing unpaid invoices. Strong collection strategies can help you avoid awkward conversations about money. When you have a plan for each stage of the collections process, you can serve your customers while ensuring you get paid.

Collections 52

Collections Invoicing Billing Invoice Processing 52

Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO.

Collections 52

Collections Account Receivables Accounts Receivable Accounts Receivable 52

Accounting Today

AUGUST 28, 2023

Dozens of firms have signed onto an initiative to stop underselling the worth of accountants and collect payments on time from clients.

Collections 246

Collections Accounting Accounting Invoicing 246

Accounting Today

SEPTEMBER 26, 2024

Accountants weigh in on which companies have cyber vulnerabilities, states with the highest tax collections per capita and other key metrics.

Auditing 313

Auditing Collections Tax Accounting 313

Accounting Today

SEPTEMBER 19, 2022

(..)

Collections 246

Collections Tax 246

Accounting Today

MARCH 7, 2024

The National Pipeline Advisory Group is collecting responses from college students and accounting professionals to better address the talent shortage.

Collections 317

Collections Accounting Accounting 317

Accounting Today

JULY 12, 2023

The Internal Revenue Service has been sending out erroneous balance due notices demanding taxpayers in federal disaster areas pay up, even though they're supposed to get extra time.

Collections 246

Collections Tax 246

Xero

SEPTEMBER 25, 2023

PayTo requires customers to verify themselves using their bank account so that we can quickly assess that they are who they claim to be. Those that appear risky will then be asked to verify that they own the bank account they’re trying to pay with. They integrated GoCardless through their Xero account.

XERO 262

XERO Reconciling Accounting Accounting 262

Accounting Tools

JULY 7, 2024

The collection of accounts receivable is vital, since it provides the cash needed to support company operations. Collecting accounts receivable is not just the task of the collections department. This is not the fault of the collections department.

Account Receivables 75

Account Receivables Accounts Receivable Accounts Receivable Collections 75

Compleatable

MARCH 6, 2025

When it comes to the operational aspects of running assisted living facilities or nursing home, such as purchasing, procurement, finance, and accounting, there are several best practices that can help ensure efficiency, compliance, and financial stability. Here are a few that can aid your home management. staffing, supplies, utilities).

Accounting 100

Accounting Accounting Revenue Cycle Management Revenue Cycle 100

Intuit

AUGUST 30, 2024

What’s the difference between bookkeeping and accounting? We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields. Bookkeeping involves categorizing each transaction, specifying the amount involved, and tracking it in the relevant account.

Bookkeeping 246

Bookkeeping Financial Statements Accounting Accounting 246

Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. It also eases the burden of invoice collections somewhat).

Collections 98

Collections Invoicing Account Receivables Accounts Receivable 98

Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. Faster Approval Workflows : Invoice management solutions typically extend basic approval workflow that are found in accounting systems. See Types of Invoice Fraud.

Invoicing 100

Invoicing QuickBooks Accounts Payable Accounts Payable 100

Accounting Today

MAY 23, 2024

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

Auditing 332

Auditing Collections Tax 332

Gaviti

FEBRUARY 4, 2025

The world of Accounts Receivable (AR) is evolving rapidly. With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. With AI, businesses can: Predict payment delays and identify at-risk accounts. Optimize dunning strategies by analyzing historical payment behaviors.

Account Receivables 59

Account Receivables Accounts Receivable Accounts Receivable AR 59

Billing Platform

DECEMBER 3, 2023

So whether you’re a small and medium-sized business (SMB) or a large enterprise, one thing is certain – collecting unpaid debt is time-consuming and filled with challenges. This is where a debt management and collections system can help keep your revenue flowing. And the benefits don’t end there.

Collections 96

Collections AR Invoicing Accounts Receivable 96

oAppsNet

FEBRUARY 20, 2025

Accounts Receivable (AR) management is a critical area where innovation can significantly impact cash flow and operational efficiency. This growth underscores the increasing demand for intelligent automation solutions that eliminate human error and streamline collections. over the next five years.

Financial Operations 52

Financial Operations Financial Operations Accounts Receivable Accounts Receivable 52

Accounting Today

SEPTEMBER 11, 2024

The OZ program allows investors to defer their capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

Collections 313

Collections Tax 313

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. The post Decarbonisation: What’s in it for accountants and bookkeepers? appeared first on Xero Blog.

Bookkeeping 246

Bookkeeping Accounting Accounting XERO 246

Accounting Today

JANUARY 12, 2024

The Internal Revenue Service reported progress Friday on its efforts to increase its audits of large corporations, complex partnerships and high-income individuals, collecting over half a billion dollars from millionaires who didn't pay their taxes.

Collections 347

Collections Auditing Tax 347

Gaviti

JUNE 19, 2023

Effective communication is the most critical aspect of any A/R collections strategy. Why Should You Use Templates for Dunning Workflows and Emails Your accounts receivable team has likely employed several other solutions for settling the worst outstanding balance invoice. How can a template make things easier or improve their efforts?

Collections 98

Collections Invoicing Account Receivables Accounts Receivable 98

Gaviti

JANUARY 7, 2025

Whatever the reason, Overdue invoices are a fact of life, past due invoice emails are an effective method for managing your accounts receivable effectively. Sending a late payment reminder encourages prompt payment of unpaid invoices, reducing the number of delinquent accounts and minimizes the risk of write-offs and bad debt.

Invoicing 105

Invoicing Collections Accounts Receivable Accounts Receivable 105

Accounting Today

JUNE 3, 2024

Stacie Kwaiser is setting the direction of the Top 100 Firm based on her own vision — and the collective ideas of the firm

Collections 307

Collections 307

Enterprise Recovery: Accounts Receivable

APRIL 10, 2024

Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.

Collections 88

Collections Invoicing Accounting Accounting 88

Xero

NOVEMBER 10, 2024

When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable hours, getting paid on time and keeping a handle on your cash flow and revenue forecast.

XERO 188

XERO Invoicing Budgeting Billing 188

Accounting Today

DECEMBER 20, 2023

million taxpayers who weren't sent collection reminder notices during the pandemic. The relief will go to roughly 4.7

Collections 329

Collections Tax 329

Accounting Today

DECEMBER 23, 2024

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

Collections 299

Collections Tax 299

Gaviti

DECEMBER 18, 2024

The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses.

Account Receivables 52

Account Receivables Accounts Receivable Accounts Receivable Collections 52