Blog post -
The collection process starts the day you sell
Getting paid on time is a proactive process rather than reactive. But many SMEs often start a discussion about payment with your customer when things are already falling apart. Initiate this process early and often, and resolve all invoice discrepancies speedily rather than letting things fester, advises Anto Baby, country head of finance for a Medtech company. Check out his full conversation with RIABU's Simon Littlewood.
Get more tips on effective cash flow management from our book, Let The Cash Flow. To find out more about how RIABU helps small businesses get paid on time, visit RIABU.com
Topics
- Business enterprise, General
Categories
- cash flow
- cfo
- risk
- business owners
- invoice
- balance sheet
- smes
- accounts receivable
- sme
- late payments