News and Trends

It’s common knowledge that the longer a business waits to get paid, the less likely they are to get the payment in full, with each day late translating into less money recovered. While successfully managing accounts receivable is about more than getting paid on time — it’s the art of handling customer credit, optimizing cash flow, and minimizing loss in order to maintain and grow a healthy business — it also means successfully handling late payments.

A change in political winds. Fluctuating prices of commodities. Unpredictable markets. Many outside events have an impact on business, yet most are out of our control. This is why focusing on what your business can control -- cash flow -- is more important than ever.

Delegating A/R is good for cash flow and good for customer relationships

To outsource accounts receivable or not to outsource? While many companies have the right intentions wanting to keep A/R in-house, there are several reasons why outsourcing is often the smartest route. Too often companies make the mistake of mismanaging credit and collections, which can lead to poor cash flow and poor customer relationships.

Decatur, Ala. – Tuesday, December 8, 2020 – Interstate Billing Service is excited to announce a strategic partnership with Procede Software which will bring mutual customers a step closer to seamless service integration.