Apruve, Author at aftermarketNews
How Much Is A/R Costing Your Company?

For over 4,000 years businesses offered accounts receivables (A/R) to customers. Extending credit is an effective sales tool that promotes larger purchases, increased buying frequency, and unrivaled customer loyalty. Typically, businesses perceive the main cost of A/R being defaults; however many businesses fail to realize the back-end costs associated with a traditional credit program.