Jump to content
  • 0

Handling freight bills and factoring


cmc

Question

3 answers to this question

Recommended Posts

  • 0

For freight bills, it’s all about accuracy and timeliness. You need to make sure invoices are accurate and sent out as soon as the delivery is completed. Delays or mistakes can mess with cash flow and customer satisfaction.

Link to comment
Share on other sites

  • 0

Factoring is a game-changer for managing cash flow. Instead of waiting 30, 60, or even 90 days for a customer to pay, you sell the invoice to a factoring company. They give you most of the money upfront, which helps keep operations running smoothly without waiting forever for payments.

Link to comment
Share on other sites

  • 0

But, you gotta be careful with factoring fees. They can add up and eat into your profits. It's important to shop around and understand the terms before choosing a factoring company. Some might have hidden fees or strict requirements that can catch you off guard.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...