Receivables Management Services
Improve Cash Flow & Boost Your Accounts Receivable Turnover
One of the biggest challenges for any business is making sure you actually get paid — and get paid on time. At PrepMyBook, our Receivables Management Services help you stay on top of unpaid invoices, keep your cash flow healthy, and improve your accounts receivable turnover ratio — so you have the funds you need to grow.
What Is Receivables Management?
Receivables management is about managing the money your customers owe you. We track outstanding invoices, follow up with customers, and help you maintain a strong accounts receivable turnover — the speed at which your business collects money from clients.
A higher receivables turnover ratio means your business is efficient at collecting debts and has healthy cash flow. We help you understand and improve your AR turnover, so you’re not left waiting on unpaid invoices that hold your business back.
How We Help You Improve Your AR Turnover Ratio
- Invoice Tracking & Reminders: We monitor your accounts receivable, send timely reminders, and follow up with customers to keep payments flowing in.
- Payment Terms & Policies: We help you set clear payment terms and credit policies to reduce late payments and bad debts — boosting your trade receivables turnover.
- Cash Flow Reporting: Get clear insights into your accounts receivables turnover, overdue invoices, and expected cash flow so you can plan ahead with confidence.
- Accounts Receivable Reconciliation: We keep your accounts accurate, making sure your books match what’s actually owed and collected.
- Performance Insights: We track your accounts receivable turnover ratio and show you where improvements can be made to keep your business financially strong.
Know Your Numbers: Receivables Turnover Ratio
The accounts receivable turnover ratio (or AR turnover ratio) measures how many times your business collects its average accounts receivable during a period.
Formula for Accounts Receivable Turnover:
Net Credit Sales ÷ Average Accounts Receivable
By understanding this key metric — sometimes called the trade receivables turnover ratio, receivables turnover, or receivable turnover ratio — you’ll know exactly how efficient your collections process is and where to improve.
Why It Matters
A healthy turnover of accounts receivable means:
- Faster cash flow to reinvest in your business
- Less time chasing overdue payments
- Fewer bad debts and write-offs
- Stronger relationships with reliable customers
- Better insight into your business’s financial health
Why Choose PrepMyBook?
Experienced Receivables Bookkeepers
We know how to improve your accounts receivables turnover ratio while keeping your customer relationships intact.
Proactive Management
We don’t just record numbers — we take action to help you get paid on time.
Clear Reporting
We make your accounts receivable turnover clear and easy to track — with custom reports and practical advice.
End-to-End Support
We can handle your invoicing, payment follow-ups, and account reconciliations — so you can focus on your business.
Get Paid Faster — And Grow Stronger
Don’t let unpaid invoices slow your growth. Partner with PrepMyBook to take control of your accounts receivable, improve your receivable turnover ratio, and keep your cash flow moving.
Contact us today to learn how our Receivables Management Service can boost your AR turnover and make your business stronger and more resilient.
PrepMyBook — Helping You Get Paid On Time, Every Time.
