Cash flow is the heartbeat of any business. Without it, even profitable companies can quickly run into trouble. Accounts receivable (AR), the money owed to a business by customers, is a critical ...
Financial matters need to be handled carefully for an organization to perform well. Your organization can use ratio analysis to evaluate its financial status and gauge its performance. Ratio analysis ...
Accounts receivable turnover and inventory turnover are two important ratios used by analysts to measure how efficiently a firm is paying its bills, collecting cash from customers, and turning ...
Amy is an ACA and the CEO and founder of OnPoint Learning, a financial training company delivering training to financial professionals. She has nearly two decades of experience in the financial ...
Accounts receivable is an account that shows the amount of revenue you have earned but not collected. Companies that sell supplies or products on account to buyers typically maintain a balance in ...
While every financial metric carries importance in running a healthcare business, tighter margins means managing days in accounts receivable is becoming more important than ever. Days in accounts ...
Lowering the number of days a bill is in accounts receivable is one way to reduce the cost to collect on the bill, said Dr. Dar Griffeth, senior vice president of revenue cycle management services at ...
Revenue cycle operations are the heartbeat of a hospital's financial health, and the faster they get paid, the healthier the operations. Debts languishing in accounts receivable can bog down an ...
The cash conversion cycle (CCC) is a key measurement of small business liquidity. The cash conversion cycle is the number of days between paying for raw materials or goods to be resold and receiving ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Humans have always needed to support decision-making and strategy with some form of ...
If your accounts receivable team is working harder than ever to collect payments and preserve cash flow, it may be time to automate your accounts receivable management. Here are six things you can ...
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