Category: Accounts Receivable

Understanding the Importance of Follow-Ups in Accounts Receivable Management

Healthcare, being an evolving business with disruptive technologies & constant innovation, requires intuitive handling that is focused on quality. Holistic understanding of the key facets of accounts receivable is the need of the hour for providers. Precisely for this reason, outsourcing to a vendor of experience pioneers transparency in medical practices. It is true that…


Understanding the Differences between Accounts Receivable Factoring and Traditional Bank Loans

At some point in your business venture, you may consider the idea of accounts receivable funding by a conventional bank. Even though both accounts receivable factoring and financing can be used to access finances swiftly for working capital, they do not hold the same meaning. Banks do not usually offer true accounts receivable factoring since…


How Accounts Receivable Factoring Can Turn Your Unpaid Invoices into Quick Cash

We always desire better cash flow in our ventures. But, due to some intermittent strategies and laid back approach, we often face loss of revenue and it wreaks havoc on our businesses. To perk up revenue and vouch for quick cash remedies, you need to be beamed by a competent healthcare outsourcing company. It is…


Understanding the Impact of Accounts Receivable on Your Balance Sheet

To understand the impact of accounts receivables, it is imperative to study the metrics of it. To diminish your past accounts receivables, you need a strong supervision of a factoring company—who will rescue buying the older and the oldest accounts receivables—which will demonstrate the actual earnings in your balance sheet. To give an impetus to…


The A-B-C’s of Healthcare Accounts Receivable Buying Services

Definition of Account Receivables: Accounts receivable earnings is the money you receive from others. Account Receivables concludes aggregate to be receivable or gathering from business components or distinctive persons, in reverence of offer of stock or rendering organizations for that persons or component. Toward the day’s end, stock sold utilizing a charge card preface and…


(UPDATED) How to Reduce Your 90 Days Accounts Receivable Bucket

Maintaining a strict accounts receivable bucket is the most decisive function to maintain a steady cash flow. A well-organized and efficient revenue cycle management (RCM) process is necessary to sustain proper cash flow within an organization. Whether it is a multispecialty hospital, a clinic or a medical equipment selling business – the same rule applies.…