Financial stability is shaped by the systems that sit behind everyday transactions. However, without structure, delays in collections can quietly undermine financial planning. In invoices, payment terms are the agreed-upon conditions specifying when and how a buyer must pay the seller for goods or services rendered. They provide structure by…
The year-end is one of the most hectic seasons for businesses. They would have to deal with the demands of hitting revenue targets, meeting financial reporting deadlines, and finalising tax obligations. All of this can deprioritise debt recovery, in a time when cash is needed the most. Year-end obligations mean…
The Accounts Receivable (A/R) turnover ratio is essential for any business that relies on consistent customer payments. When this figure begins to drop, it can signal deeper structural problems affecting how the organisation manages credit and protects itself from growing debt. A decline often develops slowly, usually starting with delayed…