43% of small organizations have customers who are over 90 days past due date, on payments. Indeed, 1 in 4 of these small organizations have several troubles collecting payments from their clients. Late paying clients are contagious among small businesses and can harm a small business’ capacity to operate. Overdue accounts cut into the business’ working capital and capacity to properly manage their income. Try not to be part of this statistic. Following are the tips to revamp your whole receivables management process.
