How Can You Leverage Debtor and Creditor Data to Make Informed Decisions?

Managing debtors and creditors is integral to your business’s financial health and success. Debtors refer to customers who owe your business money, while creditors are the suppliers or vendors to whom your business owes money. Both significantly affect your company’s cash flow and profit margins. Ignoring the importance of managing aged debtors and creditors can result in […]