High Receivables

  • You do not set up credit limits for customers, or you manually set up credit limits. Customers often go beyond their limit.
  • There is a negative impact – it has caused high receivables and bad debt write offs. You manually track cash flow by customer and balances.
  • Non-sufficient funds and finance charges are also tracked manually, but that takes too much time.
  • You have to manually type letters and correspondences to customers, but this takes too much time.
  • You do not have a way to automatically prompt yourself about certain events or activities.
  • You use either Outlook or a calendar to do it today.
  • You have missed deadlines.
  • You have been unaware of overdue payments.
  • This has had negative results.

About the Author: AJ Amjad Khanmohamed

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