Business Advice: 4 Strategies to Improve AR Collection and Strengthen Your Accounting Practices
Slow collections on accounts receivable (AR) can disrupt cash flow, hindering growth and causing accounting headaches. While traditional methods like sending reminders remain crucial, here are four effective strategies to supercharge your AR collection and strengthen your accounting practices in the UAE: 1. Automation: Leverage Technology for Effortless Collections and Accurate Records The UAE boasts a tech-savvy population, and […]
Financial Analysis
Financial analysis is like ECG to your business. It tells you how good your company is (Balance sheet), determines the current company’s operational performances (profit and loss statements), and analyzes the durability of the company (cash flow statement). Primarily its use is to figure out the benefit of an asset for trade or investment. It […]
