Write short notes on Goals of Receivables Management.
Answers
Answered by
0
The main purpose of managing receivables is to meet competition and to increase sales and profits. Therefore, the main objective of receivable management is to create a balance between profitability and cost.
Answered by
21
Answer:
Accounts receivable management incorporates is all about ensuring that customers pay their invoices. Good receivables management helps prevent overdue payment or non-payment. It is therefore a quick and effective way to strengthen the company's financial or liquidity position.
Similar questions