Collecting payments from businesses for services offered or products sold is an essential part of maintaining consistent cash-flow and important for the overall success of the business. But many times it has been observed that payments are not made on time. Then the AR management or also known as Accounts Receivable Management comes into the role.
It is the money that a AR management company has the right to receive after a certain period of goods or services sold on credit to other companies. Accounts Receivable Management is the process of ensuring that customers pay their dues on time. Early calling helps the business to prevent themselves from running out of working capital at any point of time.
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