Articles by Amaya Woods
5 overdue payment reminder text message templates
In today's fast-paced business environment, it's essential to have effective strategies in place for managing...
8 payment reminder emails to get you paid faster
The sad fact is that87% of businesses report that their invoices get paid after the due date. This late...
5 ways to get clients to pay outstanding invoices
At a time when60 percent of all invoices issued are paid late, proactively chasing overdue payments has...
What is bank reconciliation? Overview & quick guide
Bank reconciliation is the process of comparing your bank statement with your own records to ensure that they...
Accounts receivable management: A complete guide
Accounts receivable management is a critical aspect of financial management that involves the efficient...
What is accounts receivable (AR) financing?
Cash flow is the lifeblood of any business and, to ensure liquidity, businesses often need to borrow over the...
4 “thank you for your payment” emails to copy & paste
Building a positive relationship with your customers is a core part of ensuring future business. The better...
What is a promissory note?
A promissory note is a written agreement between a lender and a borrower that sets out the terms of a loan.
Free demand letter template - customize, download & print
Over50% of B2B invoiced sales in the US are paid late, impacting the cash flow of businesses of all scales. A...
What is an EFT payment?
An Electronic Funds Transfer (EFT) payment is a payment option with unparalleled convenience, efficiency, and...
What’s the cash from financing formula and why is it important?
Cash from financing (CFF) refers to the net amount of cash generated or used by a company through its...
Are debit card transactions cash or accounts receivable?
Debit card transactions are generally considered cash transactions because the funds are immediately deducted...