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Why other businesses get paid faster than you: The secrets to their competitive edge
Every business banks on its competitive edge in order to grow. Successful businesses deliberately expand their competitive edge beyond their product or service. You’ve probably seen this in action: they doggedly compete for the best talent, the biggest customer, the boldest campaign. In other words, successful businesses compete for everything. Take accounts receivable management. When […]
Why bigger businesses need more than payment reminders to get paid faster
Business owners looking to get paid faster are right to think about sending automated payment reminders. After all, payment reminders work. But as your business grows, your system of payment reminders needs to change. What worked for your small business with its handful of debtors won’t necessarily work as your accounts receivable (AR) function expands. […]
