Cash flow is the lifeblood of any firm. A business cannot invest in new items, pay expenses or add new personnel without it. This is when credit control walks in as it is the way to ensure that one has enough money to fund their operations. In simple words, it is the process of managing a company?s accounts receivable and the invoices that has been sent to the clients. However, managing it can be daunting unless you follow the tips mentioned below to improve the process.
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