From keeping a track of invoices, to getting paid faster and identifying issues, find out why your business should get AR aging reports.
Did you know that an accounts receivable aging report (AR) is an important tracking mechanism for cash flow planning? Yes, it is true. An AR report is like a snapshot of which clients are in good standing and which have been irresponsible with their bills. An AR report can help you keep a tab on the pulse of your cash flow.
Getting an assessment of which clients are not paying their bills on time can alert you to other underlying issues and help you address them.
A late payment can be a warning sign for a client’s dissatisfaction with products/services, financial instability, a problem with the relationship, problems with invoicing or other such serious problems.
What does an AR aging report include?
Generally, an AR aging report would feature the total amount owned by a client and will follow up with a breakdown into aging categories like 30-60 days or 60-90 days. Although different accounting applications can be used to create an AR report, the categories of an AR report will always be in a 30-day segment. An AR report will usually include the following:
Leverage smarter route planning, better route planning, better thematic data preparation and even easier disaster management with topographic mapping services.
Topographic maps are graphic representations of features that appear on the earth’s surface. These maps are detailed and accurate. A topographic map can include everything from roads, building, administrative boundaries, state/international borders to rivers, lakes, wooded areas and even orchards. The maps are divided with a geographic graticule and a coordinate grid so that relative and absolute positions can be easily determined. The map is a 2 or 3 dimensional representation of an actual physical environment.
What are topographic maps used for?
Topographic maps are developed for a variety of reasons. Apart from recreational purposes (hiking, travelling etc.), these maps are also used by the different industries and even the government for mining, urban planning, land ownership and even for establishing legal boundaries. Continue reading →
A 3D logo design can attract customers and promote your brand image at the same time. Learn about the four reasons why your business should get a new 3D logo design right away.
Did you know that the online and the offline presence of your company are very important in promoting your brand? Yes, its true and you can start with creating a unique logo for your brand. A logo is the first thing that prospective buyers will notice when they interact with your brand. You will have to make some serious considerations before you choose a logo, as it will be displayed on your website, advertisements and other marketing material.
The current trend among logo designs is the 3D logo. Both new and old businesses are now trying to tap into the advantage of owning a 3D logo design. If you are just starting your business and have heard about 3D logo designs or if have a 2D logo, but are unsure if you should go for a 3D logo, then keep reading to find out more about the benefits of owning a 3D logo design for your business.
If your law firm is still using audio/video recordings in your legal proceedings, it is time for a change. Switching over to legal transcripts can benefit your attorneys in more than one way. Read this blog post to find out more.
Transcriptions of legal proceedings from an audio format into a typed format are known as legal transcriptions. Transcription can help law firms by offering them with a verbatim recording of jury decisions or witness testimonies that are accurate. The most popular form of legal transcription is courtroom proceedings, followed by transcriptions of legal briefs, depositions, wiretaps, conference calls, interrogations or jury instructions. Very often legal transcriptions have to be created from audio/video footage. Continue reading →
Read this interesting blog post to find out about the three types of codes used in medical coding. Get to know why it’s important to use these codes.
What is medical coding? What does a medical coder do? A coder is a professional who will collect medical reports from a physician and turn that information (the condition of the patient, the diagnosis of the doctor, the prescription and any other procedure that the physician performed on the patient) into a set of codes. These codes form a crucial part of the medical claims.
Here are three types of codes that you will come across in medical coding.
Through photo editing, the ghost mannequin can be removed from your images and the apparel can be enhanced to a life like image.
Did you know that one of the fastest growing sectors in the world is the online fashion industry? This industry is devoted to creating and selling the latest in clothes and accessories, thereby making it very competitive. If you own an ecommerce store, what you would immediately need are quality images. While owning a website that is well optimized is important, it is equally important that you only display good quality images that will interest customers. A new trend in the fashion apparel industry in using Ghost Mannequins.
This refers to the process where several photographs of a product on a mannequin is taken and then combined to remove the mannequin during post-production. The end result is a lifelike image that focuses on the product.
Here are five tips to help your business create an Apple Watch app that is successful and stands above the crowd of countless Apple Watch apps.
Does your business have an idea for developing a revolutionary Apple Watch app? If yes, it is important that you don’t get carried away with your idea, but start to think things through in a strategic manner. To develop an app for Apple’s most popular wearable device, you need the services of skilled iWatch app developers who can develop that extra niche for your app.
Here are five tips to help your business come up with an Apple Watch app that stands above the crowd.
Get to know how to conduct an industry analysis in 4 steps.
If your enterprise is a new entrant to an industry or if you are looking for a way to take your enterprise to the next level, it is time to carry out an industry analysis. With an industry analysis, you can get to review different financial and market factors that can have an affect on your business. This includes an evaluation of your competition. Whether your business is related to manufacturing or retail, an industry analysis can help you take into account various factors like target audience, geographical area and industry outlook to name a few.
By carefully evaluating and investigating your competitors, you can evaluate the best strategies that you should use. An industry analysis can be conducted by two methods. In the quantitative analysis method, mathematical forecasting is used to evaluate data. In qualitative analysis, business owners have to use their own judgment to review information. Once you have evaluated the strengths and weakness of your competitors, you will be able to quickly identify and implement strategies to help boost your enterprises performance.
Here are four steps on how to conduct an industry analysis.
Cloud contact center services promise an increase in efficiency, reduced cost of operation and improved scalability.
With the global cloud market steadily growing at a fast pace, cloud contact center solutions have become a robust tool that most enterprises should use. A recent report by Forrester has predicted that the world’s cloud market will reach $146 billion this year alone and a whopping $236 billion by year of 2020. Cloud contact center services promise an increase in efficiency, reduced cost of operation and improved scalability. They are an ideal choice for enterprises that want to optimize their customer services with greater efficiency.
Here are six key benefits that a cloud contact center can offer your enterprise.
Data entry outsourcing can take the tedious activity of data entry out of your hands and give you more time to focus on your insurance business.
Data entry is one of the most important tasks in most industries, especially insurance. If you own an insurance company, then you must be dealing with big volumes of data on a daily basis. As you would know, data entry is a must to run your business efficiently and keep your clients satisfied. Without adequate data entry, your insurance company would find it difficult to verify values on time or make positive business decisions.
The information mentioned on your papers has to be properly maintained in the database so that claims and verification becomes smooth. Data entry has to carefully done, as any minor mistake can lead to huge problems with verification or claims.
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