What exactly does Receivables Management mean?
Receivables Management is the process of managing the collection and payment of outstanding invoices whether this is from all customers or selective collections. This process is typically undertaken by Gener8 from the point at when the invoice is issued to your customer with the primary objective being to reduce and ultimately avoid late or non-payment. Receivables Management should not be confused with debt collection which only deals with individual debts at the point which they become seriously overdue. Gener8 does also assist with this process as well should it be necessary.
