Tags: Accounts Receivable Workflow, Accounting, Video, AR, Collection

Accounts Receivable Workflow

This video describes the Accounts Receivable Workflow which is part of the Small Business Subscription.

Goals

  • Automation of the Billing and Collection business process.
  • Have all billing and collection related documents in 1 place.
  • Help business owners track uncollected revenues or AR.

Benefits

Audit Friendly

Makes audits easier, by having all the supporting documents in 1 place. Minimizes the need to go look for records during audits.

Proof of delivery or proof of billing

Makes transactions transparent and well documented.

Disputes

Avoid disputes by having the complete paperwork at hand.  This minimizes the risk of not getting paid or delayed collections because of the lack of paperwork.

Compliance

Addresses all compliance requirements from different regulatory bodies.