This blog post was originally posted on Austin Technology Council's weekend update on August 19, 2016.
A small business owner typically can’t afford to hire enough people to have proper separation of duties to gain the internal controls needed to prevent accounting fraud. However, every business owner .
One of the critical keys to managing your company’s receivables is to measure and control your Days Sales Outstanding, the average number of days your company takes to collect sales revenue. Treat a .
Overdue receivables obviously have a major impact on your company's cash flow. If you don't have a clear, detailed, firm credit policy in place, expect customer confusion, resentment, and an .
New issuance of syndicated, revolving lines of credit dropped 28% by dollar volume in 2009, according to data from Reuters Loan Pricing, as companies shifted their sources of liquidity and reduced .