You may have heard that the used truck market is slowing down. While this is true, there are still plenty of good deals to be had. The market as a whole remains quite optimistic, thanks to continued interest from buyers and a limited supply of high-quality trucks. In...
You're probably familiar with some of the common costs of running a truck parts business, such as inventory and labor. But some hidden costs can add up if you're not careful. For example, did you know that the cost of doing business can increase by 30% or more during...
When it comes to getting paid on time, every time, you need to have a solid accounts receivable (AR) system in place. There are all sorts of ways to take back control and get paid on your terms. In this post, we'll share some of the best AR practices that will help...
As a business owner, you know that managing your accounts receivable can be a time-consuming task. You also know that getting behind on your invoices can cause all sorts of problems, from cash-flow issues to bad credit scores. That's why automation in this area can be...
Despite your best efforts, sometimes you’ll still have to deal with invoice disputes. Maybe the customer didn’t receive the invoice, or maybe they claim the wrong product was delivered. No matter the reason, disputes can be costly and time-consuming. In this post,...
Receiving payments from customers is an important part of any business. But it can also be a hassle. Trying to keep track of who owes you money, chasing down payments, and dealing with late payments can all be time-consuming and frustrating. We'll walk you through the...
The strength of your accounts receivable team depends on the strengths of the individual team members. Ideally a company would be able to hire multiple employees to handle the different areas of accounts receivable: billing, credit, and collections. But the reality is...
As the recent events throughout the pandemic have all too clearly illustrated, businesses can never be too prepared for the unexpected — because the unexpected can and will happen. Natural disasters, municipal, state, or national emergencies, cyber attacks, and global...
Whether you’re a natural extrovert or the thought of talking to strangers makes you break into a sweat, industry conferences can be advantageous to your career. Not only do they present great opportunities to learn cutting edge ideas in your industry, they help you...
In the past decade alone, technology has changed the heavy duty aftermarket industry landscape. With big-box companies like Amazon getting into the game, small to midsize businesses need to do everything they can to compete and attract new fleet business, while still...
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