cashflow 9 | ezyCollect by Sidetrade

All work and no pay makes wholesale a difficult business

by KC Estoesta | Jan 28, 2020 | Blog

Businesses are getting better at paying on time, but wholesale distributors still suffer from the late paying habits of their retail customers. According to illion’s recent Late Payments Analysis (September Quarter 2019), the retail sector is the second slowest to pay their bills, paying bills an average of 12 days late. For the wholesale supplier, […]

Accounts receivable turnover ratio: How to interpret and improve it

by KC Estoesta | Nov 26, 2019 | Blog

The accounts receivable turnover ratio is a quick and easy indicator of how efficiently a business collects revenue from credit sales. It is also called the receivables turnover ratio, the accounts receivable turnover, or the debtors turnover ratio. An accountant or accounts receivable (AR) officer will calculate the accounts receivable turnover ratio periodically. They run […]

How accounts receivable automation improves productivity and cashflow

by KC Estoesta | Nov 25, 2019 | Blog

Accounts receivable automation software promises a disciplined workflow plus time-saving tools for peak labour productivity. Essentially, a best practice process powered by an automation engine. And there’s a good reason why accounts receivable is often targeted by Boards as a key driver of cashflow. After all, it’s revenue just waiting to hit the bank account. […]