It is our philosophy, as a result of our vast research in receivables management, that it is better to look at a customer's account as a whole, rather than simply at specific invoices, when evaluating their receivables health. Therefore, a customer's account will be placed in the bucket corresponding with the invoice in that customer's account with the highest number of days outstanding. For example, if your customer Soaps and Boats has two current invoices and one invoice 53 days past due, the entire Soaps and Boats account will be placed in the Up to 60 Days bucket. This alerts you to the tendency of Soaps and Boats to pay late, and will help you to stay on top of their current invoices.
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