How Does AR Performance Impact Cost of Financial Operations?

Accounts Receivable (AR) performance influences the Cost of Financial Operations by affecting the efficiency of collections and credit management processes. Enhanced AR performance, with reduced outstanding balances and faster collections, lowers the cost of financial operations by minimizing the need for extensive follow-up and intervention. Conversely, poor AR performance, characterized by high levels of overdue invoices and slow collections, increases the cost of financial operations due to additional resources required for collections efforts and higher administrative overhead.

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