zlien blog

Tag: Accounts Receivable

  • Instantly Clean Up Your Aging Accounts Receivables: A Fool Proof Plan

    Getting paid in the construction industry can be an art because there are so many obstacles: pay when paid provisions, bankruptcy, joint check agreements, workmanship disputes, change orders, scope of work issues, prevailing wage claims, etc. And we’ve explored the cost to your business of this payment problem in the past. In fact, to the right is…

  • Credit Management: How To Eliminate Overdue Accounts Receivable

    Are your receivables are a bit of an issue? Well, you are not  alone.  Too many companies are letting their accounts receivable run wild, with some invoices extending even 180 days past due!  By letting your customers go without paying, you are essentially financing their business without the benefit of collecting interest. This post will outline…

  • Collections: Considering the Relationship When Collecting Payments

    When you’re running a small business, you know one thing: relationships are key. Your customers are what fuel your business and you really can’t afford to lose even just one. That’s why when it comes to talking to customers about late payment, you often find yourself hesitating. You never want to do anything that could…

  • Credit Management: The 8 Do’s and Don’ts of Receivables Management

    If you extend credit to your customers, you know just how difficult it can be to get paid. Invoicing your customers requires attentive management and to have a successful A/R process, a certain dedication is required. If you want to get paid and get paid faster, follow these 8 do’s and don’ts of receivables management.…

  • zlien CEO Published On Construction Law Musings

    Accounts receivables are a concern for any business. They age, they go unpaid, and they impact your bottom line. An entire industry is built on the simply managing accounts receivables, aptly named the “accounts receivable management” industry. Accounts receivable and credit management is especially challenging in the construction and building material supply industries. It’s something…