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Management of receivables refers to planning and controlling of debt owed to the customer on account of credit sales. In simple words, the successful closure of your order to sales is determined only when you convert your sales into cash.

 

Until your sales are converted into cash, you need to manage ‘how much you need to receive? from whom? And when?

To do this, you need accounts receivables management, popularly known as a credit management system in place.

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Managing accounts receivables efficiently will benefit the business in several ways. The most important being the increased cash inflow by faster realization of sales to cash. It also helps you to build a better relationship with your customer by not having the discrepancies in pending bills and mitigates the risk of bad debts. All these require you to be top of your account’s receivables and you can easily achieve this by using our service. We will help you track, monitor and on-time action on overdue/long-pending bills resulting in increased inflow of cash that is essential for business growth.