Aged receivables are outstanding invoices that have remained unpaid beyond their original due date. These unpaid balances are typically grouped in aging brackets—30, 60, 90, or 120+ days past due—presented in an A/R aging report. While some level of aging is inevitable in any credit-based transaction, excessive aged receivables growth…
For small and medium-sized enterprises (SMEs), cash flow is not just a financial metric; it is the very foundation of daily operations, growth, and long-term sustainability. Yet, overdue invoices have become a critical disruptor to cash flow, posing significant challenges across nearly every business sector. Late payments are a chronic…