Historically, debtors are a problem most traditional accountancy practices face. If not under control, it can have a serious impact on your cash flow, reducing your ability to invest the cash in other areas of your practice e.g. hiring/training staff and marketing. Here are 4 easy strategies for reducing your debtors’ days:
More and more, cash flow forecasts are in demand from business owners who want to responsibly manage their cash and make informed business decisions. This creates a growing need for a new accountancy service. And the best part? You no longer need to use spreadsheets to build a forecast and keep it up to date.