Transport Companies Commercial Collections
Cash flow is the lifeblood of transport companies, ensuring they can fuel their operations, pay staff, and expand services. Yet, managing cash flow is a challenge, particularly when customers...
April 9th 2024
Author: Brendan Gilbert
How to Create an Aging Report & Formulas in Excel
Aging reports serve as essential instruments in financial management, particularly for monitoring accounts receivable. These reports sort unpaid invoices by their aging period, helping businesses assess their financial health...
March 19th 2024
Author: Jeremy Crane
How to Write a Dunning Letter
A dunning letter serves as a method for businesses to notify customers about late payments. These letters are vital in the process of collecting debts, acting as a courteous...
February 27th 2024
Author: Brendan Gilbert
Understanding Bad Debt
Bad debt is the amount of money owed that is not expected to be recovered by a creditor, often arising from the financial challenges faced by customers, such as...
February 8th 2024
Author: Brendan Gilbert
The Impact of Bankruptcy on Small Businesses
In the world of business, the pursuit of success and profitability are commonly sought-after goals. In the pursuit of growth and prosperity, some small businesses may face an unfortunate...
January 16th 2024
Author: Brendan Gilbert