It is safe to say that even a small business may today have accounts receivable that range into the millions of
dollars. As you grow, so does your accounts receivable. It's part of doing business. Importantly, the manner in which accounts receivable are managed often results in the success or failure
of a business. Extremely important to note is a basic concept that a sale is not final until the bill is paid. A system to manage your accounts receivable helps you establish parameters, ensuring
that your receivables are at their lowest possible level.
Edison Technologies is dedicated to providing businesses with a system of managing their accounts receivable that enables them to be
in control. It is a sad commentary to note that many business fail because they continue to sell to retailers who fail to live within terms. With failure to track such delinquents, the business
is burdened with excessive accounts receivable costs. We have worked with suppliers and tracked instances where retailers at times sold product as many as eight or ten times, without paying for the
initial order, and even then did not adhere to terms. This may be happening in your business and you may not even be aware of it. We can help you gradually wean bad payers from the habit and
again have you in control.
As with all of our services, Edison Technologies is committed to developing customized reports for your business, designed to be easily understand, easy to use, and
effective in controlling costs.