Sebrae has already indicated that a large portion of businesses end up closing their doors due to routine management problems. Two of the biggest difficulties among entrepreneurs in maintaining financial control is dealing with default and lack of credit .
These problems are indeed challenging for any business segment and affect the entire country. However, with a good account management strategy , your company can control its finances more rigorously.
Therefore, in this article we will explain what account management is and how this solution can be put into practice to optimize your business’s internal processes . Keep reading!
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What is account management?
In general, account singapore whatsapp number data is the department of your company responsible for identifying where your financial resources are going. Through it, you can identify the real costs of maintaining activities and improve your financial control.
Within account management, for example, there are the accounts payable and receivable sectors. This means that this department is directly related to your financial management , and needs to be well structured and operate based on efficient processes.
Accounts payable
For example, from accounts payable , your what do you hope to achieve? management department can identify your company’s fixed and variable expenses – preventing excessive spending or wasting money.
Furthermore, a company in debt may end up losing its sms to data capacity, whether due to tax issues or issues with suppliers. Therefore, keeping all of the business’s financial commitments up to date is essential to ensuring its operation .