Glossary

What Is Accounts Receivable

Accounts receivable is the money owed to a business for completed work and the process used to collect it effectively.

Action plan

What to consider

Consideration 1

Receivables affects cash flow directly.

Consideration 2

The process starts with sending invoices properly and on time.

Consideration 3

Automation can reduce the manual burden of follow-up and tracking.

Related topics

glossaryaccounts receivablecash flow

Find more glossary and practical tools in the resources below.