Just as any business has its slow and busy seasons, seasonality can also affect accounts receivable -- in workflow and cash flow. The best way to be ready for the highs and lows is to forecast properly and take action to help business ride out the dips and valleys....
How to Build Strong Vendor Relationships
Developing strong vendor relationships is crucial to the health of your business and can have a big impact on its success. Vendors benefit businesses in many ways by providing knowledge and expertise, and by supplementing your business offerings. Partnering with...
Staying a Step Ahead of Fraud
At Interstate Billing Service, we take the security of clients and customers seriously. Fraud prevention is an industry-wide concern impacting businesses worldwide. There are many areas of vulnerability which require extra vigilance. Here are just a few items of...
8 Ways Dealerships Can Prevent Fraud
Fraud is all too common, and it should come as no surprise that small businesses are at risk. It’s also not surprising that the biggest area of fraud in small businesses occurs in accounts receivable departments. Because of the high number of opportunities for fraud...
Quick Tips to Establish Yourself as an Industry Thought Leader
Establishing yourself or your company as an industry leader can benefit both your business and your industry. In addition to increasing your professional value, establishing thought leadership can expand your business network, positively influence brand recognition,...
IBS and Doosan Bobcat North America Announce Strategic Partnership
Decatur, Ala. (October, 19, 2021) – Interstate Billing Service (IBS) is pleased to announce a corporate partnership with Doosan Bobcat North America, a global leader in compact equipment. As a shared service provider and industry leader managing commercial...
8 Best Practices When Handling Accounts Receivable In-House
Following best practices when handling accounts receivable in-house is crucial to accurate, ethical bookkeeping, positive customer relations, and thriving business operations. There are several reasons why a business might handle accounts receivable...
Avoid these five costly accounting mistakes
Most business owners understand that effective financial management is key to their success. But lack of knowledge, frustration, and even avoidance can add up to accounting mistakes that derail future growth. Protect your business and reduce your stress by avoiding...
6 Reasons to Attend Trade Shows & Industry Conferences
Attending trade shows and industry conferences, whether online or on site, can accomplish a lot at once: learning, networking, sharing, and getting leads. However, most trade shows aren’t cheap, and the bigger and better they are, the more expensive they run. Pricing...
Top Excuses for Late Payments … And How to Address Them
All business owners eventually discover that dealing with late payments goes with the territory of running your own business. While in a perfect world all customers would pay on time, every time, the reality is: situations happen beyond our control. Employee absences,...
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