Collections can be hard enough to manage without mastering all the jargon as well. But when people talk about “days in accounts receivable (A/R),” they’re referring to a tool that your practice should be using. Check out these FAQs to understand exactly what you need to know about A/R:
What is “days in A/R?” This is a single number that tells you on average how long it takes you to get paid after you provide a service.
Why should you bother to calculate your days in A/R? Because you can benchmark that length of...
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