Statements

Strong billing processes are critical to healthy cash flow

Billing and Collections, Cash Flow, Small Business / Douglas Freeman

Once a business is up and running, one fundamental aspect of operations that’s easy to take for granted is billing. Often, a system of various processes is put in place and leadership might consider occasional billing mistakes to be part of the “cost of doing business.” However, to keep your company financially fit, it’s imperative […]

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Tighten up billing and collections to mitigate economic uncertainties

Accounts Receivable, Billing and Collections, Cash Flow, Small Business, Small Business Owners / Douglas Freeman

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic product unexpectedly contracted in the first quarter of 2022. Rising inflation is on everyone’s mind. And global supply chain issues persist, spurred on by events such as the COVID-19 lockdowns in China and

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