If your business sells on credit, it's downright essential to have a winning system in place to track the bucks your customers owe you.
When was the last time you evaluated how well your business tracks it's receivables? Back during the Nixon administration you say?
A BETTER SYSTEM IS JUST A CLICK AWAY
It goes without saying that you should take advantage of the reports that are baked into QuickBooks that relate to accounts receivable.
The A/R Aging Summary Report (be sure to see my tip to improve on it!) as well as the Collections Report are excellent places to start.
However, many businesses use these reports as starting points in building a system for monitoring accounts receivable. They also cobble together other tools such as e-mail, Excel and others as part of their "system"."
SIMPLIFY WITH ONE SYSTEM -> INTRODUCING FUNDING GATES
FundingGates is a new application designed to help simplify your receivables management, and put everything you need in one easily accessible place with 24/7 access.
A look under the hood shows these benefits for your business:
- Track all conversations in one centralized location
- Know who pays late and who is on time
- Eliminate of notepads and spreadsheets
- Send reminders with a single click
- Collect on deadbeat accounts that don't respond
- Sync with your QuickBooks - one click does the trick
Get a free trial of FundingGates so you can see just how it can simplify your management of accounts receivable.
GET 15% OFF YOUR SUBSCRIPTION
As a special bonus, I have arranged for you to get a 15% discount on your subscription to FundingGates. Simply use code FGPRC8131 during your registration process, and you're good to go!
Have thoughts to share on FundingGates or other aspects of managing accounts receivable? Feel free to share them in the comment box below...