Cash is queen in a business, and you need a cash management system. One of the most critical components of cash flow involves managing your accounts receivable. However, managing accounts receivables ...

The construction industry is facing tremendous pressure from all sides. Material and labor costs remain high. Staffing is in short supply. Interest rates make financing projects more expensive, and ...

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...

There’s a well-known saying in business that “cash is king,” but it’s effective accounts receivable policies and procedures that will help your team have faster access to the cash it needs to ...

Accounts receivable are sales that are made but not yet paid for. They are actually a form of short-term unsecured credit extended on the basis of a customer's promise to pay. Terms are generally ...

The following is a list of internal control techniques departments must employ when handling cash. Continuously assess internal controls over cash and take appropriate action to remediate any concerns ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The construction industry is facing tremendous pressure ...