Understanding the basics of Accounts Receivable (AR) and the related terms is crucial for businesses to effectively manage their cash flow and maintain positive relationships with their customers. Here is a glossary of some important terms related to Accounts Receivable that every business should know.
Accounts Receivable management is a crucial part of financial management for any business. By understanding the key terms related to Accounts Receivable, businesses can better manage their cash flow and maintain positive relationships with their customers.
Kapittx is a Software-as-a-Service (SaaS) platform to automate the critical process of Accounts Receivables or Debtors. It enables various stakeholders like Sales, Accounts, Logistics and Customers to collaborate effectively and get paid faster. Founded in 2019, by veterans in Payments, Finance and Technology domains, Kapittx is built to integrate with your existing processes seamlessly. The easy-to-use interface, enables businesses in diverse fields like manufacturing, services, technology, transportation etc customise it to their own unique requirements. Kapittx recognises that each industry and each company handles receivables in a different way and aims to eliminate the barriers to getting paid faster.
Check out Kapittx’s LinkedIn here.