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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
26, May

How to Increase Your Business's Collection Rates

Most businesses that invoice customers later struggle with getting all their customers to pay in full and on time. This is especially problematic when your cash flow is tight and you have to make payroll. The good news is that collections are largely within your control. While you may not be able to make every customer make timely payments, you can implement processes that will greatly improve how much you collect and how quickly you receive it.

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