Accounts receivable Trends

Accounts receivable: the fancy way of saying "people owe us money". It's a vital aspect of every business, keeping track of who owes you what and when they need to pay up. But there's more to it than just jotting down numbers in a ledger. As we look at the current trends in the category, we can see a few key themes emerging. First, there's the importance of real assets - knowing what you have on hand that can be used to cover outstanding debts. Second, there's the rise of entities like Netsuite, Highradius, and C2FO, which offer tools to streamline the AR process and make sure you're getting paid on time. And third, there's the recognition of the value of intellectual assets - your brand, your patents, your copyrights - in ensuring that your accounts receivable stay healthy. All in all, accounts receivable is about managing your cash flow and making sure you're getting paid for the work you do. But as these trends show, there's a lot more to it than just sending out invoices and waiting for the money to roll in. By staying on top of your assets and leveraging the right tools, you can keep your AR in good standing and your business running smoothly.